SiMa.ai, Lanner, and AWL Collaborate to Accelerate Smart Retail at the Edge
SAN JOSE, Calif.--(BUSINESS WIRE)--May 22, 2024--
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SAN JOSE, Calif.--(BUSINESS WIRE)--May 22, 2024--
Rivos, a RISC-V accelerated platform company targeting data analytics and Generative AI, has raised more than $250m in an oversubscribed Series A-3 funding round.
SiMa.ai raised $70 million from Maverick Capital, Point72, Jericho, Amplify Partners, Dell Technologies Capital, and Fidelity Management. The startup designs chips for AI applications in consumer devices to process data into different content forms for a future where AI is mainstream.
SiMa Raises Funds: SiMa.ai is one of a growing number of startups trying to perfect hardware for a future where AI is mainstream. Founded in 2018, it counts Taiwan Semiconductor Manufacturing Co. director Moshe Gavrielov and Intel Corp. board member Lip‑Bu Tan among its own board members.
SiMa.ai, the software-centric, embedded edge machine learning system-on-chip company, today announced it has raised an additional $70M of funding led by Maverick Capital, with participation from Point72 and Jericho, as well as existing investors...