NEUCHIPS, a startup in AI ASIC platforms for deep learning recommendation, announced series B2 funding of $20M. The round includes strategic investors Wistron, JAFCO Asia, Powerchip Group and new investor Raydium Semiconductor Corporation.

NEUCHIPS Inc. is an AI ASIC solution provider founded by a team of veteran IC & SW design experts in 2019 who are focused on designing the world's best recommendation systems. The firm's management and R&D team has decades of experience from leading semiconductor companies and hold patents in signal processing, neural networks, and circuit design.