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HomeGuestsElias Almqvist
Skyler ChanAshi Dissanayake
Elias Almqvist

Elias Almqvist

Co-Founder & CEO at Zettascale

Energy efficient chips for AI

Zettascale

Zettascale

Co-Founder & CEO

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About

Zettascale builds XPUs, reconfigurable chips that optimize their dataflow for each AI model instead of running a fixed function.[1]Launch YCExa Laboratories: 27.6x more efficient chips for AIYC, Aug 27, 2024[2]Zettascale ComputingCompany websiteCompany Nearly all the energy in AI goes into moving data, so the architecture is built to keep it close.[2]Zettascale ComputingCompany websiteCompany Elias is self-taught and has wanted to be an inventor since he was about nine.[3]Deeptech DecodedElias Almqvist on being self-taught and dropping out (00:23)Episode[4]Deeptech DecodedElias Almqvist on wanting to be an inventor at nine (01:10)Episode He left a computer science and computer engineering degree at Chalmers to build the company, first named Exa Laboratories.[1]Launch YCExa Laboratories: 27.6x more efficient chips for AIYC, Aug 27, 2024[5]Zettascale ComputingAnnouncing our new name, Zettascale, and progressPress release, Sep 4, 2025 Its YC launch put the XPU at up to 27.6 times more efficient than an H100 in early simulation.[1]Launch YCExa Laboratories: 27.6x more efficient chips for AIYC, Aug 27, 2024 Zettascale (YC S24) is backed by Soma Capital and Olive Tree Capital.[2]Zettascale ComputingCompany websiteCompany[6]Zettascale ComputingTeamCompany

Co-founders

Prithvi Raj

Prithvi Raj

Co-founder & CTO

Episodes

  • Is NVIDIA’s Moat a Psyop? 28x More Efficient AI Chips | Elias Almqvist, Zetta (YC S24)

    Mar 10, 20261h 10m
    Watch + transcriptYouTubeSpotifyApple Podcasts

The reasoning layer

Decoded before it's obvious.

FAQ

Elias Almqvist is the co-founder and CEO of Zettascale, which builds energy-efficient chips for AI.[7]Y CombinatorZettascale Computing company profileYC[6]Zettascale ComputingTeamCompany[8]Deeptech DecodedElias Almqvist on meeting co-founder Prithvi (47:07)Episode He is self-taught and has wanted to be an inventor since he was about nine, and left a computer science and computer engineering degree to start the company.[4]Deeptech DecodedElias Almqvist on wanting to be an inventor at nine (01:10)Episode[1]Launch YCExa Laboratories: 27.6x more efficient chips for AIYC, Aug 27, 2024[9]Deeptech DecodedElias Almqvist on leaving Chalmers (56:22)Episode

Zettascale's chip.[2]Zettascale ComputingCompany websiteCompany Unlike a fixed-function GPU or TPU, an XPU is highly programmable, so it can reconfigure its dataflow for each model.[1]Launch YCExa Laboratories: 27.6x more efficient chips for AIYC, Aug 27, 2024 That is where the efficiency comes from: dense math, sparse models and the precisions they actually use, in one architecture.[1]Launch YCExa Laboratories: 27.6x more efficient chips for AIYC, Aug 27, 2024

The company's YC launch put the XPU at up to 27.6 times more efficient than an H100 GPU, based on early simulation rather than shipped silicon.[1]Launch YCExa Laboratories: 27.6x more efficient chips for AIYC, Aug 27, 2024[10]Deeptech DecodedElias Almqvist on the 27.6x benchmarks being old (28:18)Episode

Because the energy cost of training and running large models is becoming the constraint on data centers.[2]Zettascale ComputingCompany websiteCompany Zettascale's pitch is that a chip which moves less data saves data centers a large share of their energy and cooling bill.[2]Zettascale ComputingCompany websiteCompany[1]Launch YCExa Laboratories: 27.6x more efficient chips for AIYC, Aug 27, 2024

Yes. Zettascale Computing Corporation launched as Exa Laboratories in Y Combinator's S24 batch and later changed its name.[5]Zettascale ComputingAnnouncing our new name, Zettascale, and progressPress release, Sep 4, 2025[1]Launch YCExa Laboratories: 27.6x more efficient chips for AIYC, Aug 27, 2024[7]Y CombinatorZettascale Computing company profileYC

In this episode

  • 20:18Seeding the chips with frontier researchers first
  • 25:12Monolith, the in-house cluster researchers can SSH into
  • 26:36Switching from GPUs means installing a driver, not rewriting code
  • 30:13The trade-off: higher latency in exchange for efficiency
  • 33:38A team with no roles, from AI research down to silicon
  • 45:40Why spatial reconfigurability was dropped
  • 47:07Meeting co-founder Prithvi at a week-long event in London
  • 1:07:51Contrarian takes: CUDA is not a moat, LLMs are plateauing

References

Company and YC

  1. Launch YC, Exa Laboratories: 27.6x more efficient chips for AI (Aug 27, 2024)Accessed Oct 23, 2026↩abcdefghi
  2. Zettascale Computing, Company websiteAccessed Oct 23, 2026↩abcdef
  3. Zettascale Computing, Announcing our new name, Zettascale, and progress (Sep 4, 2025)Accessed Oct 23, 2026↩ab
  4. Zettascale Computing, TeamAccessed Oct 23, 2026↩ab
  5. Y Combinator, Zettascale Computing company profileAccessed Oct 23, 2026↩ab

Episode

  1. Elias Almqvist on being self-taught and dropping out (00:23)↩
  2. Elias Almqvist on wanting to be an inventor at nine (01:10)↩ab
  3. Elias Almqvist on meeting co-founder Prithvi (47:07)↩
  4. Elias Almqvist on leaving Chalmers (56:22)↩
  5. Elias Almqvist on the 27.6x benchmarks being old (28:18)↩

Last updated Oct 23, 2026

Skyler ChanAshi Dissanayake

Watch the episode

Mar 10, 20261h 10m
Watch + transcript
YouTubeSpotifyApple
Zettascale

Zettascale

Co-Founder & CEO

On this page

  • About
  • Episodes
  • FAQ
  • References
  • Moments

Moments

  • 20:18

    Seeding the chips with frontier researchers first

  • 25:12

    Monolith, the in-house cluster researchers can SSH into

  • 26:36

    Switching from GPUs means installing a driver, not rewriting code

  • 30:13

    The trade-off: higher latency in exchange for efficiency

  • 33:38

    A team with no roles, from AI research down to silicon

  • 45:40

    Why spatial reconfigurability was dropped

See all 8 moments

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