No multi-billion-dollar acquisitions occurred in the world of AI chips in 2021.
Instead, the leading AI chip startups all raised rounds at multi-billion-dollar valuations, making clear that they aspire not to get acquired but to become large standalone public companies.
In our predictions last December, we identified three startups in particular as likely acquisition targets. Of these: SambaNova raised a $670 million Series D at a $5 billion valuation in April; Cerebras raised a $250 million Series F at a $4 billion valuation last month; and Graphcore raised $220 million at a valuation close to $3 billion amid rumors of an upcoming IPO.
Other top AI chip startups like Groq and Untether AI also raised big funding rounds in 2021.
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As of the beginning of this year, no autonomous vehicle company had ever gone public. 2021 is the year that that all changed.
TuSimple, Embark and Au.
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