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Industries
Hardware
AI & Machine Learning
Company Size
51-200
Company Stage
Series A
Total Funding
$11.5M
Headquarters
Ann Arbor, Michigan
Founded
2019
MemryX focuses on Edge AI processing by providing a solution that simplifies the integration of AI into systems, similar to adding Dynamic Random Access Memory (DRAM). Their technology allows for easy compilation and optimization of trained AI models without losing accuracy, eliminating the need for manual adjustments. The scalable architecture enables users to add AI processing chips, called 'chiplets', to enhance performance or reduce latency, with each chip capable of handling multiple models simultaneously. MemryX's unique dataflow architecture and at-memory computing address data movement issues, making their system adaptable to future hardware and AI models. Their primary product, the MX3 AI accelerator chip, has been successfully demonstrated in a Lenovo desktop PC, paving the way for standalone AI accelerator cards in the PC market. MemryX aims to lead in Edge AI processing by offering a straightforward and efficient solution for integrating AI into various systems.
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Total Funding
$11.5M
Above
Industry Average
Funded Over
0 Rounds
Health Insurance
Dental Insurance
Vision Insurance
Unlimited Paid Time Off
401(k) Retirement Plan
401(k) Company Match
By integrating MemryX's AI accelerators with Variscite's SoMs, developers gain access to a robust platform for creating intelligent edge devices with reduced latency and improved power optimization, while significantly reducing development time and maximizing processing efficiency for complex machine learning tasks.
Integration of Advanced AI Accelerators with Industry-Leading Systems on Module Deliver Superior Edge Computing PerformanceANN ARBOR, Mich., and LOD, Israel, Jan. 6, 2025 /PRNewswire/ -- MemryX Inc., a leading provider of AI accelerators for edge devices, and Variscite, a global leader in System on Module (SoM) solutions, announced a strategic partnership that transforms edge AI capabilities. The collaboration combines MemryX's advanced AI acceleration technology with Variscite's proven SoMs to deliver enhanced performance and efficiency for industrial and edge computing applications
MemryX Inc., a leader in edge AI accelerators, will unveil cutting-edge demonstrations of the MX3 AI Accelerator during the 2025 Consumer Electronics Show (CES) in Las Vegas.
Founded by tech innovators from the University of Michigan, MemryX has introduced a new M.2 module priced at $149 [PDF].
MemryX launches $149 MX3 M.2 AI accelerator module capable of 24 TOPS compute power.
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Industries
Hardware
AI & Machine Learning
Company Size
51-200
Company Stage
Series A
Total Funding
$11.5M
Headquarters
Ann Arbor, Michigan
Founded
2019
Find jobs on Simplify and start your career today