SiMa.ai Secures Funds and Readies New Generative Edge AI Platform
Synopsys, Inc. (SNPS)
Last synopsys, inc. earnings: 2/19 04:05 pm
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US:NASDAQ Investor Relations:
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Source: Business Wire
Oversubscribed $70M round led by Maverick Capital increases SiMa.ai’s total amount raised to $270M; funding will speed release of next generation AI/ML chip to power multimodal generative AI at the edge SAN JOSE, Calif.--(BUSINESS WIRE)--SiMa.ai, the software-centric, embedded edge machine learning system-on-chip company, today announced it has raised an additional $70M of funding led by Maverick Capital, with participation from Point72 and Jericho, as well as existing investors Amplify Partners, Dell Technologies Capital, Lip-Bu Tan and others. SiMa.ai will utilize the $270M raised to date to continue meeting customer demand for edge AI/ML with its first-generation Machine Learning System-on-Chip (MLSoC) while accelerating the delivery of its second-generation MLSoC for release in Q1 of 2025.With the release of the second-generation MLSoC, SiMa.ai will unveil one software-centric platform for all edge AI. SiMa.ai’s ‘one platform for all edge AI’ scales with customers as their AI/M
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News
- Synopsys (SNPS) Flat As Market Gains: What You Should Know [Yahoo! Finance]Yahoo! Finance
- Synopsys Accelerates Next-Level Chip Innovation on TSMC Advanced Processes [Yahoo! Finance]Yahoo! Finance
- Synopsys Accelerates Next-Level Chip Innovation on TSMC Advanced ProcessesPR Newswire
- Keysight, Synopsys, and Ansys Deliver Radio Frequency Design Migration Flow to TSMC's N6RF+ Process Node [Yahoo! Finance]Yahoo! Finance
- Synopsys Announces Earnings Release Date For Second Quarter Fiscal Year 2024 [Yahoo! Finance]Yahoo! Finance
SNPS
Earnings
- 2/21/24 - Beat
SNPS
Sec Filings
- 4/18/24 - Form EFFECT
- 4/17/24 - Form 424B3
- 4/12/24 - Form 8-K
- SNPS's page on the SEC website