Congrats to Mythic on their $40M Series B, led by Softbank. (Here, 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).
When Andy Bechtolsheim said “Analog AI chips would be the lowest power. The human brain is remarkably power efficient, and it is analog” I knew he would grok the Mythic vision, and so I introduced him, and he joined the investor syndicate. From the Goldman conference: https://www.facebook.com/jurvetson/posts/10160023092780611
I am also delighted that Rene Haas (President of the IP Product Group at ARM) has joined the board. Been recruiting him for a while as he has the perfect background from ARM, NVIDIA and Tensilica.
And Lockheed Martin signed up as an early customer.
News: https://venturebeat.com/2018/03/20/mythic-snags-40-million-to-advance-ai-chips/
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