Discovered Materials is playing AI whack-a-mole to hunt cooler chips

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Chips running AI workloads are too hot: That’s one reason why data centers consume so much electricity and require cooling systems. And, inevitably, entrepreneurs are turning to AI to solve the problem it created.

Discovered Materials is the latest, with plans to use swarms of AI agents to find new materials that can be used to build more efficient integrated circuits. The startup said it recently closed a $9 million seed round from Lightspeed India Partners after emerging from from Y Combinator, with investment from Peak XV Partners and angel investors Paul Graham, Gokul Rajaram, and Thariq Shihipar.

Founders Advaith Sridhar and Akash Ramdas teamed up to launch the company, drawing on Ramdas’ experience earning a doctorate in materials science from Stanford, and Sridhar’s work on agents at Persona AI and Luma Labs.

The two have created a software pipeline that uses Anthropic models in a custom harness to generate...

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