Adapdix banks on Softbank funding for edge AI platform development
Edge AI automation and intelligent control software provider Adapdix Corporation has received funding from SoftBank’s Opportunity Fund, raising the total investment amount secured by Adapdix up to $10 million. The announcement notes funds will be used to build the next generation AI platform for the edge, enabling real-time predictive analytics and maintenance for enterprises.
“We are excited to support Adapdix in its AI innovations and to participate in its development of new solutions for the edge – we believe the result will be a real game changer,” comments Chad Harris, an investor from SoftBank’s Opportunity Fund. “The SB Opportunity Fund is investing at this early stage because we recognize the differentiation of Adapdix’ technologies and believe that it has the potential to become the leader in the fast-growing edge AI market.”