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This chip startup just raised $135M on a bet that AI’s biggest bottleneck isn’t compute — it’s memory; plus, Glean’s top line crosses $300M as AI budget-cutting becomes its major selling point episode artwork

EPISODE · Jun 1, 2026 · 9 MIN

This chip startup just raised $135M on a bet that AI’s biggest bottleneck isn’t compute — it’s memory; plus, Glean’s top line crosses $300M as AI budget-cutting becomes its major selling point

from TechCrunch Startup News · host TechCrunch

South Korean chip startup Xcena is betting that AI's real bottleneck is not compute, but memory. Also, the enterprise AI search startup tripled its annual revenue even as tech giants entered the category. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Episode metadata supplied by the publisher feed · Published Jun 1, 2026

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This chip startup just raised $135M on a bet that AI’s biggest bottleneck isn’t compute — it’s memory; plus, Glean’s top line crosses $300M as AI budget-cutting becomes its major selling point

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