From Power-Hungry AI to Energy Saver: Snowcap's $23M Move to Revolutionize Computing

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Snowcap Compute, a semiconductor startup developing superconducting AI chips, announced a $23 million seed round on Monday. According to Reuters, the company is backed by Playground Global and led by former Intel CEO Pat Gelsinger, who will also serve as board chair. The funding round also included Cambium Capital and Vsquared Ventures. The startup aims to create high-performance computing platforms that require significantly less power than current-generation chips. Snowcap said its superconduc
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