Microsoft invests in AI chip company Syntiant's $35M Series C funding

Microsoft Corp. was one of the lead investors in Syntiant's $35 million round of Series C financing. The California-based firm said Microsoft’s venture fund M12 and Applied Ventures LLC, the venture capital arm of Applied Materials Inc., led the financing, and Atlantic Bridge Capital, Alpha Edison and Miramar Digital Ventures joined as new investors in the company. Previous investors include Intel Capital, Robert Bosch Venture Capital, the Amazon Alexa Fund and Atlantic Bridge Capital. Syntiant,…