Ex-Tesla Dojo Leaders' Startup DensityAI Nears $10 Billion Valuation

DensityAI, an AI chip startup founded a year ago by former leaders of Tesla's Dojo supercomputer program, is in advanced talks to raise hundreds of millions of dollars at a $10 billion valuation. The company's chips are still early in development, but sources say AWS has agreed to buy them if they meet certain performance requirements.

• DensityAI was founded a year ago by ex-Tesla Dojo leaders
• The round could raise hundreds of millions at a $10 billion valuation
• Its chips are years away from mass production
• AWS would buy the chips if performance requirements are met