aiCTX Closes Pre-A Investment Round With Baidu Ventures

Nov 5, 2018 -- We can today announce the closing of our pre-A investment from Baidu Ventures (BV). BV has invested USD 1.5M in aiCTX to accelerate the development of commercial applications of neuromorphic computing.

Baidu Ventures (BV) is a global, AI-focused investment fund established in 2017. Currently it manages roughly $500M USD across 3 funds, and has offices in Beijing, San Francisco and Frankfurt. With a deep belief in AI, BV supports entrepreneurs and companies who are using AI to transform the way we live.

Mr Wei Liu (CEO of BV) commented on why he believes that we are a good investment for BV. “What sets you apart from other neuromorphic startups — and also the huge corporations active in the field — is your unique technology and your product-driven focus. You are developing complete commercial solutions, not simply designing computing fabrics.”

“We are very pleased to have BV with us on the next step of our journey,” said Dr. Ning Qiao (CEO of aiCTX). “BV recognised our years of expertise in combining mixed signal neuromorphic designs with ultra-low power and ultra-low latency asynchronous digital circuits in advanced VLSI processes.”

BV’s investment will help accelerate our development of dedicated neuromorphic chips for specific applications.

Review Article Be the first to review this article

SolidCAM - See For Yourself

Featured Video
Latest Blog Posts
Sanjay GangalMCADCafe Lens
by Sanjay Gangal
NVIDIA GTC October 2020 Keynote
Product Design Engineer - Testing Methods for Apple Inc at Cupertino, California
GIS Analyst for Iberdrola at Augusta, Maine
BIM Designer – Revit for Schneider Electric at Smyrna, Tennessee
GIS Analyst for City of Shreveport at Shreveport, Louisiana
BIM Modeler for Woolpert at Oakbrook Terrace, Illinois
Upcoming Events
3D Collaboration & Interoperability Congress at Golden CO - Feb 20 - 24, 2021
RAPID + TCT 2020 Postponed to 2021 at Anaheim Convention Center Anaheim CA - Apr 2, 2021
WESTEC at Long Beach Convention Center CA - Sep 21 - 23, 2021
Kenesto: 30 day trial

© 2020 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise