Element Labs

Element Labs was founded by Avigdor Willenz and the team behind Habana Labs and is developing chips and alternative server architectures intended to lower costs and energy use for AI model inference. The startup aims to challenge incumbent GPU providers and cloud operators by offering more efficient hardware options for inference workloads. Reportedly, the company operates with a high degree of secrecy—no website or social channels—and recruits staff primarily through private referrals. The team’s background includes the sale of Habana Labs to Intel, which informs their credibility in AI chip design. Public reporting highlights the company as one of the hottest tech projects currently, reflected in its recent >$4 billion valuation and new financing. No specific revenue, user, or prior funding round figures were disclosed in the article.

Founded by Avigdor Willenz (Co-Founder), David Dahan (Co-Founder), Ran Halutz (Co-Founder)