Mythic Stock

mythic-ai.comTechnology Hardware / Computing hardwareFounded: 2012Funding to Date: $107.91MM

Mythic is the developer of a unified hardware and software platform that relies on unique analog compute-in-memory technology to deliver revolutionary power, cost, and performance that will shatter the limits restricting AI innovation.

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Team

Management Team

David Fick Ph.D
Co-Founder, Chief Executive Officer & Board Member

Board Members

Andreas Stavropoulos
Draper Fisher Jurvetson Management
Mohammad Islam
Threshold Ventures
Shahin Farshchi Ph.D
Lux Capital
Sherman Li
SoftBank Ventures Asia

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News Highlights

AI chip startup Mythic rises from the ashes with $13M, new CEO
Mythic, an AI chip startup that last November reportedly ran out of capital, rose from the ashes today with an unexpected injection of fresh funds. Mythic this morning announced that it closed a $13 million financing round led by existing investors Atreides Management, DCVC and Lux Capital alongside new investors Catapult Ventures and Hermann Hauser Investment.
Use of Analog Computers in Artificial Intelligence (AI)
There is a growing trend toward using larger neural networks in machine learning and artificial intelligence applications. This trend is driven by the need to improve performance on increasingly complex tasks and the availability of more data, hardware, and algorithms to support the training of larger networks.
Mythic: How An Analog Processor Could Revolutionize Edge AI
Several companies, from IBM to RAIN Neuromorphic, see the potential, but Mythic is first to market.
Updated on: Sep 30, 2023