Architect Labs raises $24 million to take on Broadcom, Marvell custom chip business
Architect Labs has secured $24 million in seed funding to develop AI-driven solutions for custom chip design, aiming to make the process faster and more affordable. The company intends to compete with established players like Broadcom and Marvell, which currently design custom chips for major cloud providers. By targeting both chip manufacturers and software companies, Architect Labs seeks to democratize chip architecture development, similar to how TSMC revolutionized chip manufacturing.
https://www.reuters.com/business/retail-consumer/architect-labs-raises-24-million-take-broadcom-marvell-custom-chip-business-2026-06-18/