Deep Vision raises $35 million to improve processor performance and innovate in edge computing - Actu IA

Deep Vision, a company known for developing AI processors as well as software suites for edge computing applications, has announced that it has raised $35 million through the investment fund Tiger Global. This second round of funding will primarily help the company expand the capabilities of its processor as well as its software. In addition to Tiger Global, Exfinity Venture Partners, Silicon Motion, and Western Digital also participated in the round. In 2021, the edge computing market reached 6.29 billion dollars against 4.68 billion dollars in 2020 according to a report by Grand View Research. A sector in which Deep Vision is involved since 2014.