I guess MegaChips do not see Akida as the universal solution to...

I guess MegaChips do not see Akida as the universal solution to all things Edge AI.


https://www.fierceelectronics.com/electronics/quadric-gains-21m-funding-fuel-edge-ai-processor-plans

Quadric gains $21M in funding to fuel edge AI processor plans

Quadric, a company that jumped into the AI edge processing fray last year with a high-performance chip that it said didn’t require high-power CPU clusters, has raised $21 million to help fund its work on the next version of that chip.

The Burlingame, California, company’s ideas apparently are gaining popularity among Japan’s semiconductor players. The Series B funding round was led by NSITEXE, a Japan-based semiconductor firm and group company of mobility supplier DENSO, along with a “major” investment from Japanese fabless semiconductor company MegaChips. Existing investors Leawood VC, Pear VC, Uncork Capital, and Cota Capital also participated in the round.

The investment will enable the company to release the next version of their novel processor architecture, according to a Quadric spokeswoman, who added that the second-generation architecture will improve top-line performance, consume less power, and maintain the familiar M.2 form factor typical of expansion cards for developer use and deployments. The incoming money also will help Quadric improve its SDK performance, and roll out intellectual property products for system-on-a-chip integration.