While there’s no shortage of hype surrounding artificial intelligence, there’s also no shortage of companies seeking to harness its potential. Mythic is one of them, and it claims to be taking a different approach than the others.
The Austin, Texas-based startup wants to move away from the cloud and a dependence on network connections by putting AI-on-a-chip inside smart devices like security cameras and health wearables. DFJ believes in the potential of this approach to AI and led an $8.8 million round that was announced today.
