The U.S.-based AI chip firm Mythic has successfully closed a $125 million funding round. This round was spearheaded by DCVC and saw participation from notable investors such as Honda Motor and Lockheed Martin, among others. At the heart of Mythic's innovation lies its low-power analog chips, a technology inspired by the intricate workings of the human brain. These chips boast a significantly lower energy consumption compared to their traditional digital counterparts. With this substantial financial boost, Mythic is poised to challenge NVIDIA's dominance in the market, and the infusion of funds is set to expedite its journey towards commercialization.
