NXP Semiconductors (NXP) has announced a definitive agreement to acquire Kinara, a maker of neural processing units (NPUs) for edge artificial intelligence (AI) applications, in an all-cash transaction valued at USD 307 million. The acquisition is expected to close in the first half of 2025, pending regulatory approvals, the Dutch chipmaker said on Monday.
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Kinara’s NPUs Enhance AI Performance
Kinara offers NPUs and comprehensive software enablement that deliver energy-efficient AI…