<ul><li>Speedata, a Tel Aviv-based chip startup, has raised a $44M Series B funding round for its analytics processing unit (APU) designed to accelerate big data analytic and AI workloads.</li><li>The Series B round was led by existing investors and strategic investors, totaling Speedata's capital raised to $114M.</li><li>The APU architecture aims to address analytic bottlenecks at the computing level and outperform GPUs in data processing tasks.</li><li>Speedata plans to launch its APU product at Databricks' Data & AI Summit, with claims of significant speed improvements in data processing tasks.</li></ul>

Speedata, a chip startup competing with Nvidia, raises a $44M Series B

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