FogHorn raises $25 million to support edge AI app development
February 25, 2020
The edge AI market — that is, the market for devices that run AI applications locally, without cloud processing — is anticipated to grow substantially in the coming months. According to Deloitte, more than 750 million edge AI chips will be sold by year-end (up from a predicted 300 million in 2017), representing $2.6 billion in revenue. And by 2024, the number of chips sold could reach 1.5…