Who is betting on what in AI, and against whom.
Probabilistic hardware for AI.
Normal taped out CN101, the first thermodynamic computing chip, in August 2025, aimed at diffusion-model inference. Samsung Catalyst led a $50M round in March 2026, taking it to $85M raised.
| Amount | Kind | Valuation | Date | Investors | Source |
|---|---|---|---|---|---|
| $8M | seed | Jun 2023 | Celesta Capital, First Spark Ventures, Micron Ventures | Normal Computing | |
| $50M | funding round | Mar 2026 | Samsung Catalyst Fund, Galvanize, Brevan Howard, Micron Ventures Total raised $85M. | PR Newswire |
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