Friday, 24 March, 2023

Analog AI chip making startup Mythic raised $70mn

<p>California-based startup Mythic, which uses analog tech to make its AI chips, raised over $70 mn in the latest fundraiser. These chips are used in smart home devices or security cameras. Attaining GPU levels similar to $4000 cards, it can easily process video data locally and just send key information back to the data center for use if needed. With a total of $165.2mn raised, Mythic plans to accelerate its production of next-generation, small, low-power, low-cost chips.</p> <p>&nbsp;</p>