AI chip company Syntiant secures USD55 million funding

News
Artificial Intelligence

The new funds will be used to improve software capabilities and speed up the implementation of Syntiant Core 3TM architecture

Syntiant, AI chip and deep learning solutions provider has raised USD55 million in fresh funding bringing its total investment to over USD100 million, according to an official company press release on 28 March 2022. Five new investors include Renesas Electronics Corporation, Millennium Technology Value Partners, and Mirae Asset Capital.

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