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Los Altos California based Neuchips is raising $25,000,000.00 in New Equity Investment.

Los Altos California based Neuchips is raising $25,000,000.00 in New Equity Investment.

October 28, 2022 Craig Etkin

Los Altos, CA – According to filings with the U.S. Securities and Exchange Commission, Neuchips is raising $25,000,000.00 in new funding. Sources indicate as part of senior management President, Yueh-Hsiang Tsai played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Neuchips
NEUCHIPSs mission is to develop purpose-built AI solutions from the ground up that provide the most energy-efficient and cost-efficient deep learning inference accelerators that deliver the lowest TCO for data centers. Our mission is Smarten AI computing through innovated IC design to make Intelligence Everywhere. Our management and R&D team has decades of experience in TOP IC design houses and holds patents in signal processing, neural network, and circuits. NEUCHIPS provides hardware Artificial Intelligence Engine (AIE) solutions for both Edge node and Cloud server. It is an architecture-ensured low power and high performance hardware RNN inference accelerator supports LSTM, GRU, and FC.

To learn more about Neuchips, visit http://www.neuchips.ai/

Contact:
Yueh-Hsiang Tsai, President
949-245-4694
https://www.linkedin.com/in/youn-long-lin-2bb9866/

SOURCE: http://www.intelligence360.io
Copyright (c) 2022 SI360 Inc. All rights reserved


Venture Capital
7400, California, Los Altos, Neuchips, San Jose, Venture Capital

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