# d-Matrix

> d-Matrix develops memory-centric AI inference accelerators and the networking, rack designs and software used to deploy them in data centers. Its Corsair hardware targets low-latency token generation, increasingly alongside GPUs in heterogeneous systems.

- **Founded:** 2019
- **Headquarters:** Santa Clara, United States
- **Founders:** Sid Sheth (Co-founder and CEO), Sudeep Bhoja (Co-founder and CTO)
- **Products:** Corsair, JetStream, Aviator, SquadRack, Raptor
- **Notable:** Unveiled Corsair in November 2024 and announced full production in June 2026., Closed a $275 million Series C at a reported $2 billion valuation in November 2025., Corsair received the 2026 AI Breakthrough AI Processor Innovation Award.

## Products & services

- **Corsair** — Digital in-memory compute inference accelerator in a PCIe card, designed for low-latency generative AI workloads.
- **JetStream** — Transparent networking accelerator connecting Corsair devices across servers and racks over Ethernet.
- **Aviator** — Software stack for model conversion, compilation and distributed execution on Corsair.
- **SquadRack** — Rack-scale reference design combining Corsair, JetStream and partner infrastructure.
- **Raptor** — Planned next-generation accelerator using 3D stacked DRAM and SRAM compute, designed for NVIDIA MGX and NVLink Fusion.

## Achievements

- Unveiled Corsair in November 2024 and announced full production in June 2026.
- Closed a $275 million Series C at a reported $2 billion valuation in November 2025.
- Corsair received the 2026 AI Breakthrough AI Processor Innovation Award.
- Announced a commercial Parasail deployment pairing Corsair with NVIDIA GPUs in July 2026.

## Latest updates

- **2026-09** — Announced a multiyear NVIDIA collaboration to integrate planned Raptor XPUs into MGX racks using NVLink Fusion.
- **2026-08** — Acquired Wallaroo.ai deployment and orchestration technology and team.
- **2026-07** — Announced Parasail deployment of Corsair alongside Hopper and Blackwell GPUs.
- **2026-06** — Corsair entered full production with volume shipments to priority customers planned.
- **2026-04** — Acquired GigaIO’s data center business and rack-scale engineering assets.

## Links

- Website: https://www.d-matrix.ai/
- LinkedIn: https://www.linkedin.com/company/d-matrix
- Twitter/X: https://twitter.com/dMatrix_AI
- YouTube: https://www.youtube.com/@d-MatrixAI

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Profile page: https://yespress.io/d-matrix
Published by YesPress — https://yespress.io
Last updated: 2026-09-29