Globe and Mail- Canadian chip company Untether AI winding down operations
Toronto-based Untether designed computer chips for artificial intelligence applications such as autonomous vehicles, robots and drones, and said its products were far more energy efficient than others on the market.
Eh, probably no business case for it..
“Untether was founded in 2018 and received funding from Intel Capital, Radical Ventures, GM Ventures and Canada Pension Plan Investment Board. The company has raised around $150-million. That means given the potential value of the deal, investors are likely not recouping the total amount they invested. ”
So how much Pension money did they burn this time around?
Can we just fire the CPPIB, and just have them invest in ETFs, only need 1 or 2 guys to do that, and they won’t lose as much growth as the active trading does.
How much did Carnage and his friends pocket.
New? Liberal scam. Set up a Canadian company. Get lots of government money and lots of pension plan money.
Pocket lots of said funds.
Wind up the company. Or move it to the US.
They must have had something since AMD acquired untethered’s entire engineering team. Also, their technology isn’t going in the dust bin, it’s being sold off separately. Canadian’s can make some innovative stuff, we just can’t seem to make a business of it.
Yes we can make a business of it. In Florida and/or Texas.
Same employees, same ideas, same tech, different country.
Jeez, I wonder why?
Here’s a truly frightening thought – An organic analogue computer as described here:
https://youtu.be/F7REp0Y9edA
Coupled with NASA’s Sycamore quantum AI as described here:
https://medium.com/bouncin-and-behavin-academy/did-nasa-just-find-alien-life-the-quantum-computer-mystery-everyones-talking-about-4122118d3652
Synthetic Consciousness?