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Chip design firm Stream Processors shuts down after plowing through $26M

Stream Processors, a chip design firm focused on video processing, is shutting its doors after burning through at least $26 million in venture capital, and is engaged in an asset sale, VentureBeat has learned. The closure is a blow to one of the bigger efforts to push parallel processing, which uses many different processing cores, or brains, on a single chip. However, rivals such as Nvidia, Advanced Micro Devices and Intel have all adopted some of the parallel processing techniques that Stream....

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16 days ago

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