At-memory AI startup MemryX heads to India

At-memory AI startup MemryX heads to India

Business news |
By Peter Clarke

MemryX Inc. (Ann Arbor, Mich.), a 2019 startup developing “at-memory” AI computing fro edge devices has opened an engineering center in Bangalore, India.

This complements existing MemryX engineering capabilities in Taipei, Hsinchu, and Ann Arbor. End applications for MemryX’s technology include surveillance cameras, automobiles, industrial IoT, and metaverse applications. The company announced its was sampling its MX3 chip in August (see Edge AI accelerator chip offers ‘one-click’ compiler).

MemryX was co-founded in 2019 by Wei Lu, a professor of electrical engineering and computer science at the University of Michigan, who serves as CTO.

“The Edge AI hardware market will continue to grow at a fast CAGR for the foreseeable future, and MemryX is poised to capitalize on this growth with our leading-edge AI accelerator,” said Keith Kressin, MemryX president and CEO. “Our expansion into India allows us to tap into the regional talent pool with a lot of semiconductor experience and is rapidly growing capabilities in artificial intelligence.”

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Edge AI processor developer raises $35 million

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Perceive launches edge AI inference processor

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Cerfe Labs claims ferroelectric RAM, FET breakthrough


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