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Imagination shifts AI strategy and abandons NPUs — company secures $100M in financing


Imagination Applied sciences, the company these days most identified for its GPUs utilized by Apple’s iPhones and iPads, has simply made a large leap in its AI strategy: it removed its devoted NPUs and added related performance to its GPUs, in response to EE Times. Coincidentally, it simply obtained $100 million in funding from Fortress Funding Group.

Imagination has been round for about 40 years and has performed many issues. Nonetheless, it grew to become identified for its PowerVR Kyro-branded graphics processors for PCs and its PowerVR-badged GPU IP, which was utilized by Apple and Intel (and dozens extra firms) for its GPUs. Imagination can also be a participant in the AI area. It has ‘rebooted’ its strategy to AI by discontinuing its standalone neural community accelerators and concentrating on embedding AI capabilities into its GPU IP merchandise.



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