SiMa ai Stock

www.sima.aiEnterprise Software / Data IntelligenceFounded: 2018Funding to Date: $188.05MM

SiMa.ai is a company that operates in the machine-learning space and produces embedded machine-learning system-on-chip (SoC) platforms that are designed to adjust to any framework, network, model, sensor, or modality. Their focus is on creating AI hardware that is specifically designed for edge computing, which is where AI computations are processed closer to the data source rather than in centralized cloud servers. The SoC platforms are designed for use in industries such as industrial manufacturing, retail, aerospace, defense, agriculture, and healthcare. SiMa.ai was founded in 2018 and is headquartered in San Jose, CA.

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News Highlights

SiMa.ai secures $70M funding to introduce a multimodal GenAI chip
SiMa.ai received new funding from investors in a Series C round to continue production in the generative AI market.
SiMa.ai Creates Drag-And-Drop Platform For Building AI Workflows
"SiMa.ai, an edge AI provider, has developed Palette Edgematic, a new tool that simplifies the creation of AI solutions. The tool offers a drag-and-drop interface for building AI workflows, allowing users to create a workflow from pre-processing, processing, and post-processing with a simple point-and-click interface. The company's aim is to reduce embedded-edge ML development processes from months to minutes.
Machine learning chipmaker SiMa.ai enables low-code AI model development at the edge
SiMa Technologies has launched a free visual development environment, Palette Edgematic, to simplify the creation of AI and machine learning models for edge devices. Using no-code functionality, models can be created, evaluated, and fine-tuned via a secure browser, with the ability to deploy to a large number of edge devices simultaneously. The platform is expected to speed up time to deployment and broaden access to AI and machine learning development.
Updated on: May 24, 2024

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