The article discusses the news of AI chip startup D-Matrix raising $110 million in funding with the support of Microsoft. The company's designed chips optimize the computational power required for generative AI applications like ChatGPT, utilizing digital "in-memory computing" to design chips that enable AI computing code to run more efficiently. Unlike NVIDIA, D-Matrix's technology primarily targets the "inference" part of AI processing, and does not pose a competitive relationship with NVIDIA. Microsoft has committed to evaluating the chip for its own use when it launches next year. D-Matrix anticipates achieving annual revenue of $70 to $75 million and reaching a break-even point within two years.