Karl Mehta, the newly appointed chairperson at the U.S.-based semiconductor company ZetaGig / Courtesy: LinkedIn
U.S.-based semiconductor company ZetaGig on Nov. 5 announced the appointment of seasoned Indian American tech entrepreneur Karl Mehta as the chairman of its board.
The move comes as ZetaGig ramps up its engineering capacity and accelerates market deployment of its technology platform.
The appointment places Mehta at the forefront of ZetaGig’s next growth phase, guiding the firm through an upcoming equity financing round and its targeted path to profitability within 16 months.
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Mehta, a technology leader with more than three decades of experience, previously founded PlaySpan, later acquired by Visa, and EdCast, acquired by Cornerstone.
His public sector experience includes serving as a White House Presidential Innovation Fellow under the Obama administration. He has also held a venture partner role at Menlo Ventures and established the nonprofit Code for India.
"We are thrilled to welcome Karl Mehta as chairman of the Board," said Sandeep Gupta, founder and CEO of ZetaGig. "Karl’s leadership and deep experience in technology innovation and business execution will strengthen ZetaGig’s position as the U.S. leader in a sector critical to blockchain and next-gen computing.”
“His vision aligns perfectly with our mission to revolutionize efficiency and profitability across the crypto mining and high-performance computing industries,” the CEO added.
Mehta holds a Bachelor of Engineering in Electronics and Computer Engineering from the University of Mumbai, where he graduated in electronics engineering.
He also attended the Indian Institute of Technology, Bombay, from 1991 to 1992, and currently serves as an adjunct professor at Deakin University's Applied Artificial Intelligence Institute.
Founded in 2022, ZetaGig develops high-performance ASIC chips engineered for superior energy efficiency and computational performance. Its flagship Z1 chip has already demonstrated measurable advantages over competitors on normalized benchmarks.
The company’s patented and patent-pending technologies are designed to support future scalability down to 2 nm process nodes. With an eye on a projected valuation exceeding $10 billion by 2028, ZetaGig is also expanding partnerships with top-tier suppliers and research collaborators.
Independent evaluations have cited the company’s chips for their cost and performance efficiencies, positioning ZetaGig as a U.S.-driven innovator in sustainable computing hardware.
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