--- title: "Rain Neuromorphic' artificial intelligence chips are analogue, gets $25 million funding" description: "the news is covering the topic of receiving funding of $25 million and said the Rain company chips-making technology will mimic the working of the min" author: "Sanjay Goenka" published: 2022-02-03 canonical: https://www.mindstick.com/news/1343/rain-neuromorphic-artificial-intelligence-chips-are-analogue-gets-25-million-funding category: "artificial intelligence" tags: ["technology", "internet", "artificial intelligence", "technology news", "hardware & networking"] reading_time: 3 minutes --- # Rain Neuromorphic' artificial intelligence chips are analogue, gets $25 million funding > **The chip designer has designed the Chops in such a way that can mimic the working of Brain, backed by** [Sam Altman](https://www.mindstick.com/news/4040/openai-board-discusses-ceo-sam-altman-s-equity-compensation), **and gets $25-million-funding.** **Sam Altman** is a person who is known to be the early backer of **Rain Neuromorphic.** ### Highlighted facts - The company has announced that the technology that will be used to manufacture the chips will be analog. - The newly designed chips of Rain’s Company is having a special circuit called the **memristor.** - The company has also revealed the partner who contributed to the funding by **Prosperity 7 ventures,** Aramco. #### Read More: [Google reports mammoth jump in Fourth Quarter Revenue](https://www.mindstick.com/news/1336/google-reports-mammoth-jump-in-fourth-quarter-revenue) **Rain Neuromorphic company**, a startup designing chips that mimic the way the brain works, and the company have also aimed to serve companies using [artificial intelligence](https://www.mindstick.com/services/artificial-intelligence) algorithm in their chips, **raised $25 million** funding which is **about 187 crore** in Rupee. The company’s **CEO Gordon Wilson** and the **Co-Founder of Rain,** states that where other chip-providing companies are providing technology based on digital but his technology provides the chips based on analog. The Digital Chips are said to read 0s and 1s while our chips having analog technology can decipher incremental information such as sound waves. Wilson said “it’s about looking at the brain first the cliques to inform how we can build a new substrate of computation,” he also added, “by building the neutral circuit, we can achieve efficiency and extraordinary scale simultaneously.” This technology-based artificial intelligence is currently dominated by **NVIDIA’s** graphic chips and for its funding, many US companies have been raising funds like **SambvaNova Systems**, Groq, and Cerebral System. A backer of Rain and a well-known investor of [Silicon Valley](https://yourviews.mindstick.com/story/2940/silicon-valley-cities-worldwide), **Sam Altman** commented in this ‘subject to Reuters by e-mail and said in the mail as the company’s “Neuromorphic approach could vastly reduce the cost of creating powerful [AI models](https://www.mindstick.com/forum/160780/how-does-transfer-learning-contribute-to-the-development-and-efficiency-of-generative-ai-models) and will hopefully one day help to enable true [artificial general intelligence](https://answers.mindstick.com/qa/35859/why-is-the-purpose-of-human-life-to-create-artificial-general-intelligence).” The company has also revealed the fact that Rain Chips will have a specific circuit in the chips called **Memristor** on top of **silicon wafers.** These memristors were designed about a decade ago by **HP** and serve as ‘artificial synapsis’ that allow the processing and its memory to happen in the same place. Also said that our chips having the memristor circuit is possible to ruin an AI algorithm faster and more energy-efficient than the existing digital AI chips. Wilson also told that the funds that have been raised will be used for the [development](https://www.mindstick.com/articles/65309/importance-of-ux-design-in-the-development-of-mobile-apps) and expand the [engineering](https://www.mindstick.com/blog/12520/earning-a-internal-engineering-graduate-rank-online) team as Rain takes its prototype chips to the next stage of development. The fund that has been currently was raised and led prosperity 7 ventures which is a [venture capital](https://answers.mindstick.com/qa/103102/what-is-the-role-of-venture-capital-in-the-economy) fund of **Aramco venture.** #### Read More: [New 'Air Taxis' could take you into the sky without a pilot](https://www.mindstick.com/news/1335/new-air-taxis-could-take-you-into-the-sky-without-a-pilot) --- Original Source: https://www.mindstick.com/news/1343/rain-neuromorphic-artificial-intelligence-chips-are-analogue-gets-25-million-funding Copyright © MindStick Software Pvt. Ltd. This Markdown version is provided for developers, AI systems, and offline reading.