MatX logo
AI/ML

MatX

High-throughput chips for large language models

Mountain View (HQ) or· 33 roles · RemoteMountain View· 11 roles

CORE INFO

$500M
Total Funding
Series B
Round
2022
Founded
10-50
Team Size
Mountain View, United States
Headquarters

MatX develops high-throughput chips tailored for large language models, enhancing performance in AI training and inference tasks. Their products are designed for frontier labs working with advanced AI technologies.

  • Series B funding round raised $500 million, led by Jane Street and Situational Awareness, valuing the company at several billion dollars.bloomberg.com
  • TechCrunch reported MatX's ambition to challenge Nvidia's dominance in AI chip technology with their recent funding.techcrunch.com

WHY WE WOULD WORK AT MATX

Innovative Technology

Join a team pioneering high-throughput chips like the MatX One, designed specifically for large language models, pushing the boundaries of AI performance.

Dynamic Team Culture

Work alongside a small, agile team of experts, including former Google TPU leaders, fostering collaboration and innovation in a fast-paced environment.

Strong Financial Backing

Benefit from MatX's impressive funding of over $600 million, ensuring stability and resources for ambitious projects and growth.

Impactful Work

Contribute to cutting-edge technology that directly supports frontier labs and advanced AI applications, making a significant impact in the AI hardware landscape.

Growth Opportunities

Experience rapid personal and professional growth in a startup environment, where your contributions directly influence the company's trajectory.

Competitive Edge

Join a company positioned to compete with industry giants like Nvidia, leveraging advanced features like high FLOPS and low-latency SRAM for superior chip performance.

MARKET AND TRACTION

TOTAL ADDRESSABLE MARKET

  • MatX operates in the rapidly growing AI hardware market, specifically targeting the needs of organizations developing large language models (LLMs).

  • The demand for high-performance chips for AI applications is expected to increase significantly as more industries adopt AI technologies.
  • KEY METRICS

    ✦ KEY METRIC
  • MatX has successfully raised over $600 million in funding within just four years since its founding in 2022.

  • The company has a team size of between 10 and 50 employees, indicating a lean but focused operational structure.
  • COMPETITIVE ADVANTAGE

  • The MatX One chip is designed with high FLOPS per square millimeter and SRAM for low-latency weight storage, giving it a performance edge in training and inference tasks.

  • MatX's technology stack includes scalable interconnects, positioning it effectively against established competitors like Nvidia in the AI chip market.
  • MARKET POSITION

  • MatX has quickly established itself as a competitive player in the AI hardware space since its founding in 2022.

  • The company has attracted significant investments from notable firms, including Spark Capital and Jane Street, which reflects strong market confidence in its technology and vision.
  • GROWTH TACTICS

  • MatX's growth strategy includes continuous innovation in chip design to meet the evolving needs of frontier labs working with advanced AI technologies.

  • The company focuses on building strategic partnerships with leading investors and technology firms to enhance its market presence and technological capabilities.
  • PRODUCT AND TECH

    MatX One Chip

    The MatX One chip is the flagship product designed for high-throughput performance in training and inference tasks of large language models (LLMs). Its advanced architecture offers superior FLOPS per square millimeter and low-latency SRAM for efficient AI processing.

    High-Throughput Architecture

    MatX's chip architecture emphasizes high throughput, enabling faster processing of large-scale AI models. This is crucial for organizations that require rapid training and inference capabilities to stay competitive in the AI landscape.

    Scalable Interconnects

    The technology features scalable interconnects that facilitate the creation of large clusters, enhancing the chip's performance in distributed computing environments. This scalability is essential for handling the growing demands of AI workloads.

    Low-Latency Weight Storage

    Utilizing SRAM for low-latency weight storage, MatX chips ensure quick access to model parameters, which significantly reduces processing delays during AI model training and inference. This capability is vital for real-time AI applications.

    Programming Model Control

    MatX offers a programming model that provides direct hardware control, allowing developers to optimize their applications for the specific capabilities of the MatX One chip. This flexibility is important for maximizing performance in AI tasks.

    COMPANY CULTURE

    Values

  • Commitment to innovation in AI technology

  • Focus on developing high-performance solutions

  • Collaboration and teamwork among a small, dedicated team

  • Customer-centric approach to meet the needs of frontier labs

  • Integrity and transparency in operations
  • Operating Principles

  • Emphasis on high-throughput and low-latency chip design

  • Agile development processes to adapt to rapid changes in technology

  • Data-driven decision-making to enhance product performance

  • Continuous improvement and iteration of products based on feedback
  • Benefits

  • Opportunity to work on cutting-edge AI hardware

  • Competitive compensation and funding support

  • Dynamic work environment fostering creativity and innovation

  • Access to advanced technology and resources for professional growth
  • Team Cadence

  • Regular team meetings to align on goals and progress

  • Open communication channels for feedback and ideas

  • Collaborative project work to leverage diverse expertise

  • Flexible work hours to accommodate team members' needs
  • Learning & Growth

  • Encouragement of continuous learning and skill development

  • Opportunities for attending industry conferences and workshops

  • Mentorship from experienced leaders in AI and hardware design

  • Support for pursuing advanced education and certifications
  • COMPENSATION SNAPSHOT

    A+
    Comp score vs cohort
    vs. AI/ML · Series B · US
    Based on publicly available compensation ranges from job postings; exact compensation may vary.
    Engineering IC3n = 33
    $160K – $275Kmedian $218K
    Los Angeles / Bay Area
    Engineering IC4n = 12
    $120K – $475Kmedian $298K
    Los Angeles / Bay Area
    Engineering IC5n = 14
    $120K – $538Kmedian $329K
    Los Angeles / Bay Area
    Engineering Managern = 3
    $120K – $275Kmedian $198K
    Los Angeles / Bay Area
    G&An = 3
    $160K – $175Kmedian $168K
    Los Angeles / Bay Area
    Operationsn = 4
    $140K – $180Kmedian $160K
    Los Angeles / Bay Area
    US-only in v1 · only categories with n > 2 shown · in-person / hybrid / remote treated separately where n ≥ 3

    HIRING SIGNAL

    44
    Open roles on their careers page
    Snapshot via live ATS poll
    —
    Net new roles in the last 90 days
    Available once weekly history accrues
    90-Day VelocityV2 · BACKFILL
    Trend builds weekly as historical rows accrue
    By Function
    Breakdown of open roles
    Design · 3
    Support · 1
    Operations · 5
    Engineering · 35
    Top Locations
    Where hiring is concentrated
    Remote-eligible postings counted separately
    Mountain View (HQ) or Remote
    33
    Mountain View
    11
    SourcesGreenhouseLeverAshbyWorkableSmartRecruitersRipplingRecruiteeFallback · Wellfound, YC Work-at-a-Startup, careers-page scrape

    KEY COMPANY ANNOUNCEMENTS

    Filter
    10 announcements · ranked by importance
    Feb 24, 2026FUNDINGAI Chip Startup MatX Raises $500 Million to Compete With Nvidia - Bloombergbloomberg.com
    Nov 22, 2024FUNDINGAI chip startup MatX, founded by Google alums, raises Series A at $300M+ valuation, sources say | TechCrunchtechcrunch.com
    Mar 1, 2024FUNDINGInvesting in MatX, the future compute platform for AGIoutsetcapital.com
    Apr 9, 2026INTERVIEWAn Interview with MatX CEO Reiner Pope About LLM Chipschipstrat.com
    Aug 1, 2024INTERVIEWTwo Veteran Chip Builders Have a Plan to Take On Nvidiapodcasts.apple.com
    Apr 2, 2024FOUNDER PROFILETwo ex-Googlers launch AI chip startup MatX - DCDdatacenterdynamics.com
    Feb 26, 2026INTERVIEWCheeky Pint | Reiner Pope of MatX on accelerating AI with transformer-optimized chipscheekypint.transistor.fm
    Jan 8, 2025ESSAYOptimize for inference too, not just training FLOPsmatx.com
    Jan 1, 2026EXEC HIREJoining MatX to Design Hardware for Frontier LLMslinkedin.com
    Apr 8, 2025MILESTONESPIRe: Boosting LLM Inference Throughput with Speculative Decodingmatx.com