Mythic reveals novel chip to power devices with AI, raises $9M

Discussion in 'Wall St. News' started by dealmaker, Mar 22, 2017.

  1. dealmaker

    dealmaker

    Mythic reveals novel chip to power devices with AI, raises $9M
    Mythic, based in San Francisco and Austin, TX, announced a $9 million Series A fundraising. The company saysits new chipwould allow a single small device to carry out the computations involved in artificial intelligence analysis, instead of forcing it to export the raw data via the Internet to powerful external computer systems for interpretation.(Xconomy)