AI processor start-ups, the money continues to flow in

$28 billion invested so far; Mythic just got another $125 million.

January 20, 2026

Jon Peddie

The AI processor market is crowded, with more than 100 private companies exploring architectures from GPUs to analog designs. Mythic stands out by focusing on analog compute-in-memory for low-power edge AI. Founded in 2012, the company reset its strategy after 2022, raised new funding, and refreshed leadership. Its chips target vision and language tasks where power matters most, using flash-based analog arrays. Mythic now plans scalable chiplets, sensor-integrated designs, and even data-center systems. Backed by major industrial and defense investors, the company aims to expand from edge devices into larger AI deployments. As of today (and it changes almost daily),

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AI processor start-ups, the money continues to flow in

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