Israeli AI chip developer NeuroBlade raises $23m

Israeli startup NeuroBlade has announced the completion of a $23 million Series A financing round, bringing to $27.5 million the total raised by the company. NeuroBlade is developing an artificial intelligence (AI) chip for the inference stage for both data centers and end-devices.
NeuroBlade's chip is meant to run several neural networks and multiple complex algorithms at the same time. Its main advantage, according to the company, is that it is able to also solve tomorrow’s problems, not just the relatively “simple” problems computers grapple with today. 

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