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Congrats to Mythic on their $40M Series B, led by Softbank | by jurvetson
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Congrats to Mythic on their $40M Series B, led by Softbank

With co-founder and CTO, Dave Fick today.

 

Of all the Series A investments that I have led over the past 23 years, I have never seen as many inbound investment offers for the Series B. Investor interest in edge AI and deep learning in general has skyrocketed after the Intel Nervana acquisition. And the Mythic approach is truly unique, with an in-memory analog compute architecture that more closely mimics the power of the human cortex, and affords a 100x cost and power advantage over digital chips (i.e., every other chip out there).

 

I am also delighted that Rene Haas (President of the IP Product Group at ARM) has joined the board. He has the perfect background from ARM, NVIDIA and Tensilica.

 

And Lockheed Martin signed up as an early customer.

 

News: Xconomy, VentureBeat, TechCrunch

 

www.mythic-ai.com

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Taken on March 21, 2018