Untether AI

Untether AI

Enhances AI inference with at-memory computing

About Untether AI

Simplify's Rating
Why Untether AI is rated
B
Rated B on Competitive Edge
Rated A on Growth Potential
Rated C on Rating Differentiation

Industries

Hardware

AI & Machine Learning

Company Size

51-200

Company Stage

Series B

Total Funding

$144.6M

Headquarters

Toronto, Canada

Founded

2018

Overview

Untether AI enhances the speed and efficiency of AI inference workloads using at-memory computing. This method places the compute element next to memory cells, which boosts compute density and accelerates AI inference for various neural networks, such as those used in vision, natural language processing, and recommendation systems. The company targets businesses that rely on AI technologies and need high-performance computing for inference tasks. Their products include the runAI200® devices and tsunAImi® accelerator cards, which are designed to deliver high performance, with the tsunAImi® card offering over 2 PetaOps. This allows businesses to process AI workloads more efficiently within a compact power envelope. Untether AI's goal is to provide solutions that optimize AI applications for their customers.

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Simplify's Take

What believers are saying

  • Collaboration with Arm targets energy-efficient solutions for automotive applications.
  • $20 million funding supports development of machine learning inferencing hardware.
  • Partnership with J-Squared opens opportunities in defense and commercial sectors.

What critics are saying

  • Emerging competition in energy-efficient AI hardware could threaten market position.
  • Rapid AI model evolution may outpace current hardware capabilities.
  • Supply chain vulnerabilities in semiconductor components could impact production timelines.

What makes Untether AI unique

  • Untether AI specializes in at-memory computing for AI inference workloads.
  • Their tsunAImi® accelerator cards deliver over 2 PetaOps per card.
  • The imAIgine SDK enhances developer velocity with flexible kernels for neural networks.

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Funding

Total Funding

$144.6M

Above

Industry Average

Funded Over

2 Rounds

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Above Average

Industry standards

$35M
$45M
Linktree
$65M
Substack
$100M
ClickUp
$125M
Untether AI

Benefits

Paid Vacation

Health Insurance

Unlimited Paid Time Off

Stock Options

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

0%

2 year growth

1%
Business Wire
Apr 16th, 2024
Untether Ai Announces Collaboration With Arm To Deliver High Performance, Energy-Efficient Solutions

TORONTO--(BUSINESS WIRE)--Untether AI, the leader in energy-centric AI inference acceleration, today announced a collaboration with Arm to develop best-in-class solutions optimized for next-generation automotive applications. As part of this collaboration, Untether AI will enable its inference acceleration technology to be implemented alongside the latest-generation Automotive Enhanced (AE) technology from Arm, to create solutions that address performance, power, safety, and security requirements for advanced Driver Assistance Systems (ADAS) and autonomous vehicle (AV) applications. Compute workloads radically changed in the past several years with the deployment of AI and the increasing complexity of AI and conventional software algorithms has elevated the demand for heterogeneous computing platforms employing domain-specific architectures. This trend, which is especially true in the automotive sector, results in an ideal computing platform that combines a mix of CPUs, AI accelerators, memory, and networking technologies that have been optimized for neural network acceleration and software-defined vehicles (SDV). “The increase in advanced user experiences, ADAS, and AV applications means more heterogeneous compute is needed in the vehicle,” said Suraj Gajendra, vice president of products and solutions, Automotive Line of Business, Arm. “By collaborating with Untether AI to ensure our leading-edge AE technology can work well alongside Untether AI’s acceleration capability, we are enabling our partners to power cutting edge AI workloads across the vehicle.”

BetaKit
Apr 16th, 2024
Untether Ai To Collaborate With Semiconductor Giant Arm On Smart Vehicle Solutions

Untether says its energy efficient architecture is needed to support next-gen vehicles

Business Wire
Mar 25th, 2024
Untether AI and J-Squared Unveil Groundbreaking AI-Enabled Rugged PC Chassis at AUSA

"J-Squared Technologies is proud to partner with Untether AI to deliver a solution that meets the rigorous demands of both defense and commercial applications," said Andrew Woollard, Chief Technical Officer at J-Squared Technologies.

6JJ Michigan BB Inns
Jan 19th, 2024
Untether AI raises $20 million to develop machine learning inferencing hardware_best bank stocks to buy in india

Untether AI raises $20 million to develop machine learning inferencing hardware_best bank stocks to buy in india.

BetaKit
Jan 5th, 2024
Untether AI names Intel veteran Chris Walker as its new CEO

To date, Untether AI has raised more than $200 million CAD ($152 million USD) in funding from a group that includes Intel, Tracker Capital, the Canada Pension Plan Investment Board, and Radical Ventures.

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