Neuchips Raises $20M in Series B2 Funding

Neuchips

Neuchips, a Los Altos, CA- and Taipei, Taiwan-based supplier of an AI ASIC platforms for deep finding out advice, raised $20M in Collection B2 investment.

The spherical contains strategic traders Wistron, JAFCO Asia, Powerchip Team, and Raydium Semiconductor Company.

The corporate intends to make use of the budget to make bigger operations, and its trade succeed in.

Led via CEO Youn-Lengthy Lin, Neuchips develops purpose-built AI answers that offer energy-efficient and cost-efficient deep finding out inference accelerators that ship low TCO for knowledge facilities. Its first product, RecAccel N3000, used to be designed particularly for DLRM and will probably be in a position to pattern later this 12 months with tool and modern efficiency.

The corporate used to be based via a staff of veteran IC & SW design professionals in 2019 who’re excited about designing the arena‚Äôs best possible advice methods. The control and R&D staff has a long time of enjoy from main semiconductor firms and cling patents in sign processing, neural networks, and circuit design.

FinSMEs

18/10/2022

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