AI chip developer Untether AI has secured funding in an Intel Capital-led series A round, the proceeds of which will fund development of the startup's technology.
Canada-based artificial intelligence (AI) chipmaker Untether AI has emerged from stealth with a $13m series A round led by Intel Capital, the corporate venture capital subsidiary of semiconductor technology provider Intel.
The other participants in the round were not named. Untether had already raised an undisclosed amount of seed funding from undisclosed investors in November 2018.
Founded in 2018, Untether AI is developing high-performance chips that can power AI applications such as autonomous vehicles, data centers and vision processing.
The…
