Former Meta, Google executives raise $100M for Majestic Labs, startup building high-capacity AI servers with 1,000x more memory to cut data center costs for hyperscalers by 2027.

Former Google, Meta executives raise $100 million for high-capacity AI servers startup

Ofer Shacham is CEO of Majestic Labs.Tal GivonyThree former Meta and Google silicon executives on Monday announced they've raised a total of $100 million to build technology they say will reduce cloud companies' spend on data center buildouts.Called Majestic Labs, the startup's co-founders are Ofer Shacham, Sha Rabii and Masumi Reynders, all of whom spent years working together leading silicon products at Meta and Google. Majestic's patent-pending silicon design architecture includes 1,000 times...