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A Nigerian Co-owned Company Receives $56M To Build Red-hot (AI) Hardware - Science/Technology - Nairaland

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A Nigerian Co-owned Company Receives $56M To Build Red-hot (AI) Hardware by DivinedeGuru: 1:32pm On Mar 17, 2018
SambaNova today has joined a large class of startups looking to attack the problem of making AI operations more efficient and faster by rethinking the actual substrate where the computations happen. SambaNova today said it has raised a massive $56 million series A financing round led by GV, with participation from Redline Capital and Atlantic Bridge Ventures

The startup which is founded by a pair of Stanford professors and a longtime chip company executive to build out the next generation of hardware to supercharge AI-centric operations.

While the GPU has become increasingly popular among developers for its ability to handle the kinds of lightweight mathematics in very speedy manner necessary for AI operations. Startups like SambaNova look to invent a new platform from the scratch,. Their mission is to be able to outclass a GPU in terms of speed, power usage, and potentially the actual size of the chip.

SambaNova today said it has raised a massive $56 million series A financing round led by GV, with participation from Redline Capital and Atlantic Bridge Ventures.

Read More:https://www.pekipan.com/sambanova-receives-56m-to-build-red-hot-artificial-intelligence-ai-hardware/#.Wq0IYajwbIU

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