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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 sacrificing accuracy, eliminating the need for manual adjustments. MemryX's scalable architecture enables the addition of AI processing chips, or 'chiplets', to enhance performance or reduce latency, allowing multiple models to be processed simultaneously. Their proprietary dataflow architecture and at-memory computing address data movement issues, making it adaptable to future hardware and AI models. The company's primary product is the MX3 AI accelerator chip, which has been successfully demonstrated in a 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 unique, scalable solution that meets the growing demand for efficient AI integration.
Company Stage
Series A
Employees
51-200
Industries
Hardware, AI & Machine Learning
Total Funding
$11.5M
Headquarters
Ann Arbor, Michigan
Founded
2019
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