Extropic AI

1. Summary

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$0.000001040000 0.0%

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$0.00 (#10716)

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Price
52W High price	$0.000021683800
52W High date	4th Dec 2023 (1 year ago)
All Time High (ATH) Date	8th Feb 2025 (2 weeks ago)
All Time Low (ATL) Date	8th Feb 2025 (2 weeks ago)

Supply & Trading Volume
Trading Volume (24h)	$5.00

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Description

Extropic AI

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Extropic AI

Extropic AI is a deep tech startup building the ultimate substrate for Generative AI by harnessing thermodynamic physics in the physical world. This innovative approach merges generative AI with the natural world by leveraging out-of-equilibrium thermodynamic systems to perform probabilistic computations for generative AI applications efficiently.

Founded by Guillaume Verdon, formerly a quantum tech lead within Alphabet’s X team, Extropic has successfully closed a $14.1 million Seed funding round led by Kindred Ventures and supported by prominent venture capital firms and notable angel investors.

Extropic is developing novel semiconductor devices that operate at room temperature, extending their reach to a broader market. These devices trade energy efficiency for standard manufacturing processes and supply chains, facilitating large-scale production. Additionally, they are building a software layer to compile abstract specifications of Energy-Based Models to relevant hardware control languages, allowing Extropic accelerators to handle complex probabilistic algorithms with immense speed and energy efficiency.

Key Features

• Extropic Accelerators: Utilize Brownian motion to accelerate a broad class of probabilistic algorithms physically, far exceeding the limits of digital processors.
• Semiconductor Devices: Standard manufacturing processes for room-temperature operation, enabling a wider market reach.
• Software Layer: Compiles abstract specifications of Energy-Based Models for seamless integration with hardware.

Founders

• Guillaume Verdon: CEO and former quantum tech lead within Alphabet’s X team.
• Trevor McCourt: CTO and a seasoned expert in AI and probabilistic computing.

Expertise

• Team: Comprises experts from Alphabet X, AWS, Meta, IBM, Nvidia, and leading academic institutions.
• Experience: Integration of physics and AI expertise to pioneer a unified approach to thermodynamic AI.

Funding

• Seed Round: $14.1 million led by Kindred Ventures, with participation from notable investors and angel investors.
• Investors: Buckley Ventures, HOF Capital, Julian Capital, Marque VC, OSS Capital, Valor Equity Partners, Weekend Fund, and others.

Resources

• Litepaper: Outlines the company’s revolutionary approach to AI acceleration through thermodynamic computing.
• Job Postings: Available on Extropic’s website.

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