Axelera lands new funds as the AI chip market heats up | TechCrunch
Briefly

SoftBank and OpenAI are raising funds for AI chip initiatives to compete with tech giants like Nvidia, while Axelera focuses on niche AI chips for edge devices.
Axelera's AI chips, designed with RISC-V architecture and in-memory computing, cater to sectors like security, retail, automotive, and robotics for efficient, high-performance AI applications.
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