MIT-founded machine learning software development engine company Neural Magic picked up support from Comcast Ventures for its approach to executing ML models on commodity CPUs.

Neural Magic, a US-based machine learning execution technology developer spun out of Massachusetts Institute of Technology (MIT), has received $15m in a seed round led by Comcast Ventures, the corporate venturing arm of mass media group Comcast, TechCrunch reported yesterday.

Enterprise software and services provider Amdocs also backed the round, as did venture capital firms New Enterprise Associates, Andreessen Horowitz and Pillar VC.

Founded in 2018, Neural Magic has begun early testing on a software development engine that exploits special…