# 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

Page: https://stenobird.com/podcast/techcrunch-startup-news/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
Text version: https://stenobird.com/podcast/techcrunch-startup-news/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.md
Podcast: [TechCrunch Startup News](https://stenobird.com/podcast/techcrunch-startup-news)
Published: 2026-06-01T09:30:00+00:00
Episode link: https://mgln.ai/e/211/traffic.megaphone.fm/AIRWV8700368204.mp3
Audio file: https://mgln.ai/e/211/traffic.megaphone.fm/AIRWV8700368204.mp3
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JSON: https://stenobird.com/v1/public/podcasts/techcrunch-startup-news/episodes/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
Duration seconds: 566

## Resource

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

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