SİMA.ai, which develops artificial intelligence-focused processors, received an investment of 70 million dollars

Focusing on developing processors for industrial robots SiMA.aireceived an investment of 70 million dollars in its new investment round. announced. Leading the investment tour Maverick Capital while undertaking Dell Technologies Capital and the chip industry’s leading executive Lip-Bu Tan participated in the tour. With this new investment round, SIMA.ai’s total investment amount reached 270 million dollars.

SiMA.ai’s flagship product, ML SoC, is a system-on-chip that can be used to equip edge computing devices with artificial intelligence features. ML SoC brings together artificial intelligence and machine learning with an integrated software-hardware combination.

In addition, the processor combines approximately 6 different computing modules in a single package. Customers also have access to Palette, a suite of software tools that streamline the task of producing software for the chip. The combination is used by 50 companies worldwide.

With this new investment, SiMA.ai is preparing to launch a new version of the ML SoC. The new chip, which is planned to meet users in the first quarter of 2025, will be produced using Taiwan Semiconductor Manufacturing’s 6 nanometer node. The new version of the ML SoC will feature computer vision processors based on plans prepared by Synopsys, a leading provider of chip design software.

Gartner’s The report he shared last year according to; In 2023, artificial intelligence chips generated $53 billion in revenue worldwide. By 2027, the revenues of artificial intelligence chips are expected to more than double and reach $119.4 billion.

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