Startup Makes Switching AI Chips Easier—and Nvidia Is a New Investor

Decart raised $300 million in a round led by Radical Ventures that values the startup at nearly $4 billion, with Nvidia among new strategic investors. The company’s software eases switching AI workloads between processors from Nvidia, Amazon and Google, addressing a bottleneck as AI firms scramble for computing capacity. The deal highlights sustained investor appetite for AI-infrastructure firms and could ease vendor lock-in, potentially influencing demand dynamics across AI chip makers and cloud providers. The piece also notes a broader surge of capital into AI hardware/software startups, citing Cerebras’s strong market debut as evidence of market enthusiasm.