Toronto Based Ai Company Taalas In The News: Raised $169 million USD (2.Viewing)

Taalas is creating a platform for quickly turning any AI model into custom silicon. The resulting Hardcore Models are 1000x more efficient than their software counterparts.

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Toronto-based chip startup Taalas said on Thursday it had raised $169 million and has developed a chip capable of running artificial intelligence applications faster and more cheaply than conventional approaches.
Taalas has raised a total of $219 million from investors such as Quiet Capital, Fidelity and Pierre Lamond, a chip industry venture capitalist.

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