# Taalas

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/taalas

- Industry: Semiconductors
- Headquarters: Toronto, Canada
- Website: www.taalas.com
- Latest round: Series A (Mar 5, 2024)
- Investors on record: 1

## About

Based in Canada, and founded in 2023 by CEO Ljubisa Bajic, CTO Drago Ignjatovic and COO Lejla Bajic, Taalas Inc. operates as a semiconductor manufacturer of an AI-based software counterpart semiconductor chip designed for the rapid implementation of AI models into custom silicon. In August 2026, AMD agreed to acquire Taalas Inc. from Fidelity Investments and Quiet Capital.

Taalas is a firm that develops a method for operating AI models. The company's solution is to construct hardcore models using customized silicon hardware for software-based models are too slow and inefficient. This hardware would be designed to execute a specific AI model, making it more efficient than its software counterpart. Taalas can convert AI model into a Hardcore Model, and that applications for these models may be created in standard programming languages.

## Funding rounds

- Series A, Mar 5, 2024 — Quiet Capital
- Series A, Feb 20, 2024 — Quiet Capital

## Investors

- Quiet Capital (https://capitalatlas.ai/funds/quiet-capital) — Series A