GrAI Matter Labs has raised $14 million in a series A+ round of funding in order to introduce its full-scale AI SoC for edge applications early next year. GrAI Matter launched its proof-of-concept chip, GrAI One, a year ago, but the new device will be much bigger, to enable running popular vision networks such as ResNet-50. Like GrAI One, the new device will use GrAI Matter’s sparsity concept to reduce the compute required for AI inference and will be targeted at edge AI applications that require a high frames per second per Watt efficiency
Here is the link: https://www.eetimes.com/grai-matter-raises-14m-for-sparsity-driven-ai-soc/#