A Silicon Valley veteran who spent years at both Apple and Amazon has struck out on his own to build an AI chip company, according to Business Insider.

The report describes an engineer who launched the startup in his mid-50s, after decades working inside the tech industry's biggest names. Rather than winding down a long corporate career, he chose to enter one of the most competitive and capital-intensive corners of technology: designing the specialized chips that power artificial intelligence.

Business Insider frames the move as notable partly because of timing. Startup culture often celebrates young founders, yet this entrepreneur is beginning a demanding new venture at a stage when many peers are settling into senior roles or retirement.

AI chips are the hardware backbone of the current technology boom. They handle the heavy mathematical work behind tools like chatbots and image generators, and demand for them has surged as companies race to build AI products. That surge has drawn a wave of new entrants hoping to compete in a market where a handful of established players have dominated.

The available report does not name the specific chip designs, funding, or customers involved, focusing instead on the founder's background and decision to build the company after a long career at Apple and Amazon.

Why it matters: The story is a small window into how experienced engineers are betting their reputations on AI hardware, a signal of just how much money and ambition are flowing into the chips that make artificial intelligence possible.