Power to the Data Report: Introduction to Neural Magic
insideBIGDATA
APRIL 24, 2023
Neural Magic is a startup company that focuses on developing technology that enables deep learning models to run on commodity CPUs rather than specialized hardware like GPUs. The company was founded in 2018 by Alexander Matveev, a former researcher at MIT, and Nir Shavit, a professor of computer science at MIT. They raised a total of $50 million in funding to date over 3 rounds, from investors such as Comcast Ventures, NEA, Andreessen Horowitz, Pillar VC, and Amdocs.
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