AlpSemi raises $19.5M to make semiconducting power switches for AI data centers

AlpSemi, a French semiconductor startup, secured $19.5 million in funding to develop advanced power switches crucial for AI data centers. The investment round was spearheaded by Yotta Capital, with additional support from Navitas Semiconductor Corp., SE Ventures, and Cycle Group. This funding will likely accelerate AlpSemi's efforts to create more efficient and powerful semiconductor components, which are essential for managing the growing energy demands of AI systems. This move underscores the increasing investment in semiconductor technology to meet the burgeoning needs of artificial intelligence.