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Revenues, earnings & profits over time
USD20222023
Revenues00000000
% growth-317 %
EBITDA00000000
Profit00000000
EV / revenue00.0x00.0x
EV / EBITDA00.0x00.0x
R&D budget00000000
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DateInvestorsAmountRound
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$68.0m

Series B
Total Funding000k

Recent News about Axelera AI

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Axelera AI is a startup that operates in the artificial intelligence (AI) sector, specifically focusing on computer vision and edge AI applications. The company's primary offering is the Metis AI Platform, a comprehensive hardware and software solution that simplifies the development, integration, and deployment of AI solutions. This platform is designed to reduce time-to-market and make AI more accessible to a wider audience, a concept referred to as AI democratization.

The Metis AI Platform is powered by the Metis AI Processing Unit (AIPU), a component that sets new standards in terms of price/performance and performance/Watt. This means that it delivers high performance at a lower cost and with less energy consumption, making it an efficient choice for businesses.

Axelera AI also offers the Voyager SDK, a tool that streamlines the building, optimization, and deployment of models for peak performance and efficiency at the edge. This makes it easier for developers to create powerful AI applications.

The company's business model is based on providing these AI solutions to clients, likely in the tech industry, who are looking to leverage AI in their operations. By offering a user-friendly and cost-effective platform, Axelera AI is able to attract a wide range of clients and generate revenue.

In summary, Axelera AI is a promising startup in the AI sector, offering innovative solutions that make AI more accessible and efficient. Its focus on AI democratization and edge AI applications positions it well in a growing market.

Keywords: Artificial Intelligence, Computer Vision, Edge AI Applications, AI Democratization, Metis AI Platform, Metis AI Processing Unit, Voyager SDK, Hardware Acceleration, Software Solution, AI Inference.

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