Bolt Graphics seeks $100M to challenge Nvidia, AMD with Zeus GPU

US chip startup Bolt Graphics is raising about $100 million at a valuation of roughly $700 million. The funds will go toward graphics processors for scientific computing and professional rendering, targeting Nvidia and AMD beyond AI acceleration.

• Bolt Graphics is seeking about $100 million in funding
• The startup is valued at roughly $700 million
• Its Zeus GPU targets scientific computing and rendering
• It aims to challenge Nvidia and AMD beyond AI accelerators