Saturday, December 1, 2018

Wave Computing, an AI startup making specialized hardware and software for datacenters and on-premise environments for large datasets, raises $86M Series E (David Manners/Electronics Weekly)

David Manners / Electronics Weekly:
Wave Computing, an AI startup making specialized hardware and software for datacenters and on-premise environments for large datasets, raises $86M Series E  —  Wave Computing, the edge computing start-up, has taken its VC funding tally to $117.3 million with its latest Series E round of $86 million which was, says Wave, oversubscribed.



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Some startups and researchers who can't access the most advanced chips are adopting a "frugal AI" approach, building smaller models on open-weight systems (Rina Chandran/Rest of World)

Rina Chandran / Rest of World : Some startups and researchers who can't access the most advanced chips are adopting a “frugal AI” app...