Ricursive Intelligence, a startup, has declared the successful closure of a $300 million Series A funding round. Remarkably, this achievement comes just two months after the company's inception, propelling its valuation to an impressive $4 billion. The funding round was spearheaded by Lightspeed, with notable contributions from NVentures and other investors.

Founded by a team of ex-Google researchers, Ricursive Intelligence is at the forefront of leveraging AI technology to revolutionize the manufacturing of AI chips. The company is in the process of developing a self-evolving system that can autonomously generate silicon substrate layers, thereby expediting the chip iteration process.

The founders of Ricursive Intelligence are convinced that employing AI to design chips in a closed-loop system holds the key to unlocking Artificial General Intelligence (AGI). In the current landscape, the automation of AI chip design has emerged as a burgeoning area of interest for investors. This trend is exemplified by Unconventional AI, which also secured significant funding towards the end of the previous year.