30
May
The AI Bottleneck Nobody's Talking About: It's Memory, Not Chips Somewhere between the hype cycle around GPUs and the race to trillion-parameter models, the actual hard problem in AI infrastructure got quietly sidelined. We've been watching the wrong competition. While everyone obsesses over whether Nvidia can manufacture enough H100s, the real constraint isn't compute power—it's memory bandwidth. And the companies placing bets on that reality are about to reshape how AI actually runs in production. The signal is unmistakable. South Korean chip startup XCENA just raised $135 million on the explicit thesis that memory, not compute, is AI's fundamental bottleneck.…