Mythic nets $40M to create a new breed of efficient AI-focused hardware

Another huge financing round is coming in for an AI company today, this time for a startup called Mythicgetting a fresh $40 million as it appears massive deals are closing left and right in the sector.
Mythic particularly focuses on the inference side of AI operations — basically making the calculation on the spot for something based off an extensively trained model. The chips are designed to be low power, small, and achieve the same kind of performance you’d expect from a GPU in ter