Untether AI raises $125m

Author: EIS Release Date: Jul 27, 2021

Untether AI, the at-memory computation and AI inference acceleration specialist, has had an oversubscribed $125 million funding round led by a Tracker Capital affiliate and Intel Capital with participation from  Canada Pension Plan Investment Board and existing investor Radical Ventures. All existing investors participated.

 

 

Untether AI’s at-memory compute architecture claims to improve AI compute efficiency.

 

The company’s tsunAImi accelerator cards powered by runAI devices provide energy efficiency and compute density for inference acceleration.

 

 

With this latest funding round, Untether AI will be well-positioned to accelerate and expand its customer engagements across a multitude of markets.

 

 

 

Since at-memory computation is both general purpose and extremely energy efficient, it can be used in a variety of industries and applications.