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SiMa.ai secures $70M funding to introduce a multimodal GenAI chip
SiMa.ai, has raised $70 million in an extension funding round as it plans to bring its a chipset for multimodal generative AI processing.
SiMa.ai, a Silicon Valley-based startup producing embedded ML system-on-chip (SoC) platforms, today announced that it has raised a $70 million extension funding round as it plans to bring its second-generation chipset, specifically built for multimodal generative AI processing, to market. SiMa.ai, named after Seema, the Hindi word for “boundary,” strives to leverage this shift by offering its edge AI SoC to organizations across industrial manufacturing, retail, aerospace, defense, agriculture and healthcare sectors. The new GenAI SoC would adapt to any framework, network, model and sensor — similar to the company’s existing ML platform — and will also be compatible with any modality, including audio, speech, text and image.
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