AI Chip Startup Mythic Reaps $40M from SoftBank, Lockheed Venture Arms
Xconomy
MARCH 20, 2018
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. Mythic, based in both Redwood City, CA, and Austin, TX, is one of the upstart companies benefiting from a surge of investing in the chip-making field, where the growing computational demands due to the use of AI are creating an opening for young ent
Let's personalize your content