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Top related persons:
VentureTech - 1 Ethernovia - 1 SiMa.ai - 1 Navin Chaddha - 1 Mayfield - 1 Chaddha - 1 they're - 1 Moshe Gavrielov - 1
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VentureTech - 1 Taiwan Semiconductor Manufacturing - 1 VentureTech Alliance - 1 Ayar Labs - 1 Nvidia Corp - 1 Nvidia - 1 Thomson - 1

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2 mentions found


☆ Silicon Valley AI chip startup SiMa.ai hooks key investors
  + stars: | 2023-06-13 | by ( Jane Lee | Thomson Reuters | Reports On Global Trends In Computing Covering Semiconductors | ) www.reuters.com   time to read: +2 min
OAKLAND, California, June 13(Reuters) - Silicon Valley-based AI chip startup SiMa.ai on Tuesday said it raised an additional $13 million from investors including a key fund in Taiwan called VentureTech Alliance, which has a strong strategic partnership with Taiwan Semiconductor Manufacturing Co (2330.TW). This is at least the third investment in U.S. chip startups by VentureTech Alliance in the past month. British AI chip unicorn Graphcore's struggles have been widely reported. Rangasayee also pointed to one recent benchmark testing result by SiMa.ai that beat AI chip giant Nvidia Corp (NVDA.O) in performance and power of chips used on devices like cameras, drones and robots. The testing data is published by MLCommons, an engineering consortium that maintains testing benchmarks widely used in the AI chip industry.
Persons: VentureTech, Ethernovia, SiMa.ai, Navin Chaddha, Mayfield, Chaddha, they're, Moshe Gavrielov, Krishna Rangasayee, MLCommons, it's, David, Goliath, Jane Lanhee Lee, Lisa Shumaker Organizations: VentureTech, Taiwan Semiconductor Manufacturing, VentureTech Alliance, Ayar Labs, Nvidia Corp, Nvidia, Thomson Locations: OAKLAND, California, Taiwan, British
☆ Silicon Valley automotive ethernet chip startup Ethernovia raises $64 mln
  + stars: | 2023-05-15 | by ( Jane Lee | Thomson Reuters | Reports On Global Trends In Computing Covering Semiconductors | ) www.reuters.com   time to read: +1 min
OAKLAND, California May 15 (Reuters) - Silicon Valley automotive ethernet chip startup Ethernovia Inc said on Monday it had raised $64 million in a Series A funding round including Porsche Automobil Holding SE (PSHG_p.DE), Qualcomm Ventures, VentureTech Alliance and others. Instead, they are building a central computer to control everything from camera and radar sensors to the windows and the entertainment dashboard. Ramin Shirani, Ethernovia's co-founder and CEO, said he started the company in 2018 to build a single ethernet network in the car that would be the backbone for these new vehicles. But anything that connects the brains to the sensors, that's where we are," Shirani told Reuters. Ethernovia has created a family of ethernet chips and software that help simplify the electronics architecture of the car, he said.
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