Mythic bet big on analog AI but has run out of cash
Also in October, Habana Labs, an AI chip company owned by Intel, reportedly laid off roughlyGaribay toldthat Mythic's management team has decided to not discuss the company's status at this time. However, he left open the possibility that there could be a future for Mythic's Analog Matrix Processors , for which he said there are no"comparable solution in the industry."
"I believe that Mythic's technology will eventually be very successful, and I am deeply personally disappointed to not be able to continue with that development myself," he said in an email."For now, my focus is on placing the great engineers in my teams in good new positions as quickly as possible."
Mythic has pitched its AMP chips as the best option for edge AI devices in a variety of markets, arguing that the digital chips made by most AI chip designers can't keep up with the"demanding requirements of size, performance, and power consumption." The startup's chips come in a variety of form factors, including a stand-alone processor as well as an M.2 PCIe card and a standard PCIe card. A year ago, the upstart said its, powered by four M1076 AMP chips, was capable of delivering up to 100 trillion operations per second of AI performance while only using less 25 watts of power.
Mythic turned to analog chips — used for computers decades ago before digital circuits become all the rage — in trying to figure out how to bring processing elements as close as possible to the memory, a challenge many chip designers are
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