NeuReality, an Israeli AI systems and semiconductor company, announced Monday that Samsung Ventures has made an investment in the company. NeuReality makes inference technologies, such as computer vision, natural language processing, and recommendation engines easier to implement for a broader set of less technical companies.
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NeuReality's solution includes hardware, software and tools that work together to simplify and accelerate AI deployment. The company currently employs more than 30 employees and plans to double its size and recruit talent in VLSI chip design, AI, software, and hardware.
Moshe Tanach, CEO and co-founder of NeuReality, stated: "The investment from Samsung Ventures is a big vote of confidence in NeuReality's technology. The funds will help us take the company to the next level and take our NR1 SoC to production. This will enable our customers to evolve their system architecture, and this evolution will make it easier for them to scale and maintain their AI infrastructure, whether it is in their data center, in a cloud or on-premises."
