Fabric Cryptography Secures $33m Funding For Innovative Cryptography Chip Development

Fabric Cryptography has received $33 million in funding to build computing chips, software, and cryptographic algorithms for next-generation cryptography. The startup aims to use state-of-the-art hardware-software codesign techniques to create a Verifiable Processing Unit (VPU) specifically for cryptography. This breakthrough has the potential to address the conflict between privacy and big data.