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Join The AI Impact Tour on June 5th: Last Chance to Request an Invite!

Crystal Sonic, a chip-related startup, emerged as the winner of the third Lam Capital Venture Competition. The company was awarded a $250,000 investment from Lam Capital. The announcement was made at the Enabling Future Semiconductors event held at Lam Research’s headquarters in Fremont, California. Lidrotec was named the runner-up in the competition.

Crystal Sonic specializes in helping semiconductor manufacturers reduce waste and cost through thin device lift-off and substrate re-use. Their innovative technology allows for the separation and re-use of different parts of the substrate, thus minimizing the waste of chip-making materials. This approach aligns with the growing focus on sustainability and cost-effectiveness in the industry.

The Lam Capital Venture Competition aims to invest in disruptive companies that advance the semiconductor ecosystem through industrial automation, technology, and product innovation. The event showcased a dozen startups that were selected as finalists from a pool of 70 applicants. It provided a platform for these startups to showcase their novel semiconductor technology and manufacturing solutions.

Lam Research, a leading supplier of semiconductor manufacturing equipment, has been actively investing in chip-related startups for several years. They have made 20 investments so far, ranging from $1 million to $10 million per startup. The competition not only benefits Lam Research financially but also fosters collaboration with customers and the wider chip ecosystem.

According to Audrey Charles, Senior Vice President for Corporate Strategy at Lam Research, many of the applicants for the competition emphasized the use of AI as a means to address rising costs, technological complexity, and sustainability concerns in the semiconductor industry. The event’s panel of judges included Weili Dai, co-founder of Marvell and a prominent investor in semiconductor startups.

The Lam Capital Venture Competition is an annual event that has been running since 2019, with this year’s event being the third edition. The competition provides a platform for emerging companies to gain visibility and secure investments to fuel their growth and innovation in the semiconductor industry.

In addition to the Venture Competition, Lam Research is also hosting The AI Impact Tour on June 5th, where attendees can explore various methods for auditing AI models. This exclusive invite-only event in NYC brings together top executive leaders to discuss strategies for optimizing the performance and accuracy of AI models across organizations.

Overall, the Lam Capital Venture Competition and related events play a crucial role in driving innovation, collaboration, and investment in the semiconductor industry. By supporting startups and exploring cutting-edge technologies, Lam Research aims to shape the future of semiconductor manufacturing and contribute to advancements in AI and automation.

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