Deep learning technology startup DeePhi had raised funding from investors including Tsinghua Holdings as well as Samsung, Ant Financial, MediaTek and its new owner, Xilinx.
Computing technology provider Xilinx acquired one of its portfolio companies, China-based neural network technology startup DeePhi Tech, for an undisclosed amount, in a deal that also provided an exit for Tsinghua Holdings, a conglomerate owned by Tsinghua University.
Founded in 2016, DeePhi is developing deep learning technology that incorporates neural network hardware architecture and neural network compression technology to help improve the functioning of systems such as data centres and surveillance apparatus.