Axelera AI and Advantech are teaming up to bring the inference power of a data center to edge devices

Axelera AI – a leading edge-inference company – and Arduino, the global leader in open-source hardware and software, today announced a strategic partnership to make high-performance AI at the edge more accessible than ever, building advanced technology solutions based on inference and an open ecosystem. This furthers Axelera AI’s strategy to democratize artificial intelligence everywhere.

Axelera AI, the leading provider of purpose-built AI hardware acceleration technology for generative AI and computer vision inference, today announced its successful close of an oversubscribed $68 million Series B financing round, bringing the total amount raised to $120 million.

Axelera AI, the leading provider of purpose-built AI hardware acceleration technology for generative AI and computer vision inference, today announced the availability and worldwide shipments of its Metis Evaluation Systems.

Axelera AI, the leading provider of purpose-built AI hardware acceleration technology for generative AI and computer vision inference, today announced that it has been selected by the EIC Scaling Club as one of the highest-potential European deep tech scale-ups poised to make a positive, global impact. This recognition further highlights Axelera AI’s momentum and promise to democratizing AI, showcasing success in offering powerful, cost and energy efficient, user-friendly AI technology.

Axelera AI has been selected for the Tech Tour Growth50 Europe List, showcasing the 50 European technology companies with the biggest growth potential. This year’s Growth50 companies already raised an impressive €6.7 Billion or an average of €133.8 Million per company.