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Imec spins out Vertical Compute memory chip firm in $20.5M deal
Europe's Imec.xpand is spinning out memory chip firm Vertical Compute in a seed investment round worth $20.5 million.
Edge computing can address these issues, but inferencing large AI models on smartphones, PCs or smart home devices faces significant cost, power and scalability constraints. This problem is rapidly escalating due to the surging demand for AI workloads, requiring vast amounts of data to be accessed quickly. We are committed to unlocking the full potential of large language models on the edge without any compromise,” said Sylvain Dubois, CEO of Vertical Compute, in a statement.
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