Ray Stata’s Latest Venture: Lyric Semiconductor

Stata Ventures, Kaizen interviewee Ray Stata’s venture capital vehicle, recently provided funding to technology startup Lyric Semiconductor. Lyric is developing probability chip technology. Traditional chips use binary “yes/no” switches, but probability chips “can accept inputs and calculate outputs that are between 0 and 1, directly representing probabilities, or levels of certainty.” Some of the commercial applications of this technology include: better error correction and faster operation for portable flash drives; better prediction of consumer behavior for websites like Amazon (and better product recommendations for customers); and faster, cheaper large scale data processing.

Read more about Lyric at the New York Times and VentureBeat.

Read our interview with Ray Stata.

Watch a video interview with co-founder and CEO of Lyric, Ben Vigoda, who explains probability chips:

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