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Cognichip Secures $33M to Build AI for Accelerating Semiconductor Development

Cognichip, a San Francisco-based startup founded by semiconductor veteran Faraj Aalaei, has emerged from stealth with $33 million in seed funding to develop a physics-informed foundational AI model for accelerating chip development. The company aims to create "artificial chip intelligence" that could potentially reduce chip production times by 50% and lower associated costs, with backing from Lux Capital, Mayfield, FPV, and Candou Ventures.