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It isn’t just employees who say they were burned by Newchip. Andrew Goei, founder of PitchPages, a pitch deck and fundraising software startup, said he wanted a refund a few months into the program after he felt he was not getting the promised services, specifically the investor intros. In an interview with TechCrunch, … See more
Though the employee group has more recently gone public with their grievances, they make claims of mismanagement going back years, … See more
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The Fall of Newchip: Founders Lose Out as Accelerator’s …
WEBDiscover the fallout of Newchip’s bankruptcy as founders are left stranded and dreams shattered. Learn about the promises, controversies, and mismanagement that led to financial losses and forced shutdowns for startups. Find out why due diligence and stronger regulations are crucial when choosing an accelerator.
Newchip Enters Into Bankruptcy Liquidation - SiliconHills
WEBMay 13, 2023 · Newchip entered into bankruptcy liquidation last week. The Austin-based company rebranded as Astralabs, doing business as Newchip and Newchip Accelerator, filed for Chapter 11 bankruptcy reorganization on March 17th, listing $1.7 million in total assets and $4.8 million in total liabilities, according to its filing.
The Rise and Fall of Newchip Accelerator | by DC Palter | May, 2023
WEBMay 14, 2023 · However, on May 11, in a shocking development, the bankruptcy court ordered Newchip shut down and liquidated, leaving thousands of startups that had paid to join the accelerator out in the cold. Newchip claims to have helped 5000 pre-seed through Series A startups that graduated their program, with 1200 more in their current cohorts.
WEBMay 12, 2023 · Despite its history of connecting entrepreneurs with startup capital — Newchip's website boasts that it works with investors at Elevate Capital, DreamIt and others — the accelerator's...
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WEBStory by Jai Hamid • 4mo. Newchip, a startup accelerator that has been active for over six years, has filed for bankruptcy, according to a letter penned by the company’s CEO and founder, Andrew...
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Newchip accelerator scam: Here's what I recommend to other …
WEBBy Bjorn Erik Hansen on May 19, 2023 - 12:12 pm. The recent collapse of Newchip, one of the world’s biggest accelerators, was a shock to the venture ecosystem. Bjorn Erik Hansen, founder and CEO at INTIEM, an AI-based SexTech solution, believes the organization’s business model was an intentional deception.
The Rise and Fall of Newchip Accelerator | by DC Palter ...
WEBMay 13, 2023 · Y-Combinator is without a doubt the best known startup accelerator. Newchip , based in Austin TX, rivaled it as one of the largest, with a radically different business model. On March 17, Newchip (under its corporate name of Astralabs) filed for Chapter 11 bankruptcy protection from creditors.
Newchip Collapse: A Cautionary Tale About Startup Accelerator
WEBJun 15, 2023 · Newchip Collapse: A Cautionary Tale About Startup Accelerator. by Web3 Mops June 15th, 2023. 1x. Read by Dr. One. Listen to this story. As an entrepreneur who's ridden the rollercoaster of startup life, I've seen the highs and lows, the wins, and the gut-wrenching setbacks.
Accelerator review: Newchip - an equity-free option for startup ...
WEBJun 23, 2022 · Newchip Accelerator is a startup accelerator focused on founders who want to raise funding for their businesses. Like all startup accelerators , it has four main components: it’s a fixed-term, cohort-based, mentorship-focused program that culminates with a demo day.
Meta debuts new generation of AI chip | Reuters
WEBSAN FRANCISCO, April 10 (Reuters) - Meta Platforms (META.O) unveiled details on Wednesday about the next generation of the company's in-house artificial intelligence accelerator chip.
Meta bets big on AI with custom chips — and a supercomputer
WEBMay 18, 2023 · Reality Labs, Meta’s division responsible for augmented reality tech, reported a net loss of $4 billion last quarter, and the company said during its Q1 call that it expects “operating losses ...
Newchip Accelerator Employees, Location, Alumni | LinkedIn
WEBNewchip Accelerator | 38,458 followers on LinkedIn. 🚀 #1 Online Accelerator 🌍 2,500+ Portfolio Companies 📈 $2.2B+ Raised by Alumni | 🚀 The #1 Online Accelerator: 👩🏻💻 We ...
Newchip Accelerator triples enrollment as venture ... - TechCrunch
WEBHere are some factors causing the surge in remote programs: 1. Traditional accelerators can no longer operate in-person and have been slow to pivot to online programming. Traditional...
Could AMD break Nvidia’s chokehold on chips? - The Economist
WEBJan 31, 2024 · “I T IS THE most advanced AI accelerator in the industry,” boasted Lisa Su, boss of Advanced Micro Devices ( AMD ), at the launch in December of its new MI 300 chip. Ms Su rattled off a series...
Newchip Accelerator Reviews - Read 230 Genuine Customer …
WEBNewchip Accelerator has collected 230 reviews with an average score of 4.64. There are 222 customers that Newchip Accelerator, rating them as excellent.
Electron phase-space control in photonic chip-based particle ...
WEBSep 22, 2021 · To accelerate particles to the megaelectronvolt range and beyond, with minimal particle loss 10, 11, the particle beam needs to be confined over extended distances, but the necessary control of...
Opinion: How Microsoft's new chip for AI could disrupt Nvidia, …
WEBNov 18, 2023 · The star of the show is the new Azure Maia 100 AI accelerator chip. This chip is built for both training and inference (creating the models and then utilizing them for work) and has been ...
Intel unveils new AI accelerator chip in bid to gain footing on …
WEBApr 9, 2024 · According to Intel’s assessment, Gaudi 3 will be faster and more power-efficient than the H100. It will train certain types of AI models 1.7 times more quickly and be 1.5 times better at running the software, the chipmaker claims.
Newchip Accelerator | Austin TX - Facebook
WEBThe #1 Remote Accelerator Helping Founders Get Funded 1000+... Newchip Accelerator, Austin, Texas. 7,485 likes · 1 talking about this · 55 were here. The #1 Remote Accelerator Helping Founders Get Funded 1000+ Portfolio Companies Globally $450M+ Raised
Intel Unveils New AI Accelerator in Bid to Challenge Nvidia
WEBApr 9, 2024 · According to Intel’s assessment, Gaudi 3 will be faster and more power-efficient than the H100. It will train certain types of AI models 1.7 times more quickly and be 1.5 times better at running...
Pixelworks Inc (PXLW) Q1 2024 Earnings Call Transcript …
WEB4 days ago · In this article: PXLW. Total Revenue: $16.1 million, a 61% year-over-year increase. Gross Margin: Expanded nearly 600 basis points sequentially to over 50%. Net Loss (Non-GAAP): $4 million, or a ...
IBM develops a new 64-core mixed-signal in-memory computing …
WEBAug 27, 2023 · Their 64-core chip, presented in a paper in Nature Electronics, has so far attained highly promising results, retaining the accuracy of deep learning algorithms, while reducing computation times and energy consumption.
Researchers at the SQMS Center achieve leading performance in …
WEB4 days ago · By carefully investigating and comparing various materials and deposition techniques, SQMS researchers have studied different oxides that lead to longer qubit lifetimes and fewer losses. “SQMS is pushing the envelope of qubit performance,” said Alexander Romanenko, a senior scientist at Fermilab and SQMS Center’s quantum …
Intel Unveils New AI Accelerator Chip in Bid to Gain on Nvidia
WEBApr 9, 2024 · (Bloomberg) -- Intel Corp. is rolling out a new version of its artificial intelligence chip, aiming to challenge Nvidia Corp. in one of the fastest-growing parts of the semiconductor industry. The updated processor, called Gaudi 3, will be widely available in the third quarter, Intel said at a company event Tuesday.
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