Axelera raises $68M to rival Nvidia with edge AI chips
What is the name of Axelera AI's platform for edge computing?
Axelera AI's platform for edge computing is called Metis. It is a hardware and software solution designed to handle computer vision inference at the edge, offering a balance between performance, efficiency, and ease of use. The platform comprises a 12nm CMOS AI Processing Unit (AIPU) and a software development kit for building computer vision applications.
How much total capital has Axelera AI raised to date?
Axelera AI has raised a total of $120 million in funding to date. The company recently announced the close of an oversubscribed $68 million Series B financing round, which was backed by major institutional investors including Invest-NL Deep Tech Fund, the European Innovation Council Fund, and the Innovation Industries Strategic Partners Fund, among others2.
What is the compute density of Axelera's four-core Metis AIPU?
The compute density of Axelera's four-core Metis AIPU is 6.65 TOPS/mm2. This high compute density allows the AIPU to deliver up to 214 TOPS of AI processing power, making it a powerful and efficient solution for computer vision inference workloads on the edge.