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Brain Corp. Claims Record Sales As Robotics Takes Off

socalTECH

San Diego-based artificial intelligence software developer Brain Corp says it is saw "record sales and revenue growth" in 2019, on strong retailer demand for autonomous, mobile robots. The company said its software is now used on approximately 10,000 robots.

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AI Chip Startup Mythic Reaps $40M from SoftBank, Lockheed Venture Arms

Xconomy

Mythic , which last year unveiled its novel computer chip designed for artificial intelligence, announced today that it has raised $40 million in a Series B fundraising round led by the venture capital arm of Japanese telecom and tech giant SoftBank. The boxes Mythic wants to break customers out of are their big.

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Graphcore Scores $200M to Scale Up A.I. Chip Production

Xconomy

Graphcore’s big haul is a notable milestone in the recent revival of investor interest in computer hardware, due to the demand for ever-greater processing capacity that can maximize the potential of. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.