Former Tesla executives create data center firm DensityAI

By Ed Ludlow, Bloomberg

Former leaders of Tesla Inc.’s supercomputer program have started a new artificial intelligence company focused on data center services for industries from automotive to robotics, according to people familiar with the matter.

DensityAI, which is poised to come out of stealth soon, is in talks to raise hundreds of millions of dollars, said the people, who asked not to be identified because the information is private. The startup was founded by Ganesh Venkataramanan — the former head of Tesla’s Dojo team — and ex-Tesla employees Bill Chang and Ben Floering.

Representatives of DensityAI didn’t provide comment.

The startup is working on chips, hardware and software that will power data centers for AI that are used in robotics, by AI agents and in automotive applications, among other sectors, the people said. Roughly 20 former members of Tesla’s Dojo project — including some senior-level individuals — have joined DensityAI, the people said, along with other engineers from across the technology industry.

Martin Viecha, Tesla’s former head of investor relations, has also joined the startup as an adviser, the people said.

Dojo is Tesla’s in-house effort for chips and servers that power data centers. The initiative’s computing capabilities are used to train Tesla’s neural networks used in its autonomous driving software and humanoid robotics projects.

Tesla’s shares erased earlier postmarket gains and were little changed as of 6:28 p.m. in New York.

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