Unconventional AI agrees to buy NeuReality for chip expertise

First reported by CTech at · Updated · 2 sources

The acquisition brings a silicon and systems team to Unconventional AI as it pursues a 1,000-fold improvement in AI computing efficiency. CTech reports that the startup reached a $4.5 billion valuation two months after its founding. Financial terms of the acquisition were not disclosed, according to RuntimeWire.

  • NeuReality is an Israeli chipmaker, according to CTech.
  • Naveen Rao leads Unconventional AI, according to RuntimeWire.

Covered by 2 publishers within 1 hour of the first report.

Reporting2

CTech One-year-old AI unicorn Unconventional acquires Israeli chipmaker NeuReality
RuntimeWire Unconventional AI agrees to acquire NeuReality for its silicon team · Ryan Merket