secures $70M funding to introduce a multimodal GenAI chip

This post is by Jagmeet Singh from TechCrunch, a Silicon Valley-based startup producing embedded ML system-on-chip (SoC) platforms, today announced that it has raised a $70 million extension funding round as it plans to bring its second-generation chipset, specifically built for multimodal generative AI processing, to market. According to Gartner, the market for AI-supporting chips globally is forecast to more than double […] © 2024 TechCrunch. All rights reserved. For personal use only.