Untether Ai Announces Oversubscribed $125 Million Funding To Deploy High-Performance Ai Inference Acceleration Chips

Untether AITM, the leader in at-memory computation and AI inference acceleration, today announced an oversubscribed $125 million funding round led by an affiliate of Tracker Capital Management, LLC (“Tracker Capital”), a stage-agnostic venture capital investor that principally invests in high-potential technology growth companies. Tracker Capital was founded by Stephen A. Feinberg who is also Co-Founder and Co-CEO of Cerberus Capital Management. The round was co-led by Intel Capital, Intel Corporation’s global investment organization, and included participation from new investor Canada Pension Plan Investment Board (“CPP Investments”) and existing investor Radical Ventures.