AIStorm raises $16 million for low-powered AI edge computing chips
December 15, 2020
AIStorm, an AI startup developing chipsets that can directly process data from devices, has raised $16 million. The company says the funding will enable it to scale manufacturing to deploy its hardware for devices like handsets, notebooks, smart speakers, remote controls, TVs, earbuds, IoT, and wearables and for transport applications.
Edge computing is forecast to be a $6.72 billion market by…