MemryX Raises $44 Million in Series B Funding for Advanced Edge AI Computing

MemryX Raises $44 Million in Series B Funding for Advanced Edge AI Computing

/PRNewswire/ -- MemryX, a provider of industry leading Edge AI semiconductor solutions, announced today it has raised $44 million in Series B funding. The...

Edge AI semiconductor maker MemryX raises $44M - SiliconANGLE

MemryX Inc., the maker of artificial intelligence solutions for the edge, announced Thursday that it raised $44 in a Series B funding round. Founded in 2019, MemryX designs AI accelerator chips that are used to power smart devices such as autonomous vehicles, robotics, industrial automation, internet of things devices, drones, healthcare equipment and more. The […] The post Edge AI semiconductor maker MemryX raises $44M appeared first on Silicon…

MemryX Raises $44 Million in Series B Funding

MemryX, a provider of industry leading Edge AI semiconductor solutions, announced today it has raised $44 million in Series B funding.  The funding round received broad support from new and existing investors. This announcement follows MemryX reaching production quality of the industry leading MX3 Accelerator chip, the competitive selection of more than a dozen companies to enter production with MemryX, and independent reviews highlighting the c…

MemryX Raises $44M in Series B Funding

MemryX, an Ann Arbor, MI-based provider Edge AI semiconductor solutions, raised $44M in Series B funding.  The company intends to use the funds to support from new and existing investors. Led by CEO Keith Kressin, MemryX is a semiconductor company that designs edge AI processing solutions empowered by a proprietary compute-at-memory technology and dataflow architecture. By combining […] The post MemryX Raises $44M in Series B Funding appeared fi…