Technology

Quadric nabs $21M to accelerate production of its AI edge chips

Quadric nabs $21M to accelerate production of its AI edge chips

The market for edge AI chips, designed to accelerate AI workloads offline, often in self-contained hardware, is maturing at a rapid clip. Building on converging trends like digital transformation, cloud-native technologies, and the internet of things, the edge AI hardware segment could be worth as much as $38.87 billion by 2030, according to an estimate from Valuates Reports.

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