Complete List of All AI Companies Under $2 Billion Market Cap

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15. CEVA, Inc. (NASDAQ:CEVA)

Market Capitalization: $798 Million

Number of Hedge Fund Holders: 17

CEVA, Inc. (NASDAQ:CEVA) provides silicon and software solutions for semiconductor and OEM companies globally. Its portfolio includes products for 5G mobile and infrastructure, such as vector digital signal processors, open RAN platforms, and modems for various markets like fixed wireless, industry 4.0, robotics, and AR/VR. The company also offers wireless IoT platforms, including Bluetooth, Wi-Fi, and ultra-wideband solutions. In the AI and sensing space, CEVA provides neural processing units, AI DSPs, sensor hubs, and software for applications like imaging, speech recognition, and spatial audio. These technologies are licensed to OEMs for system-on-chip designs.

On January 7, CEVA (NASDAQ:CEVA) announced that its award-winning Ceva-NeuPro-Nano Embedded AI NPUs have gained strong traction in the AIoT and MCU markets, with several customer wins and an improved development studio supporting the entire software design cycle for AI and embedded applications. The Ceva-NeuPro-Nano 32 and 64 MAC NPUs offer strong performance, energy efficiency, and cost-effectiveness, making them ideal for AI applications in voice, vision, and sensing.

They handle various tasks such as data processing, running neural networks, and controlling code. With a high Coremark/MHz score of 6.0, these NPUs are well-suited for semiconductor companies and manufacturers using embedded AI. Since the launch of Ceva-NeuPro-Nano, the company has reached important milestones, augmenting the development experience for customers, including the release of Ceva-NeuPro Studio and the integration of Ceva-NeuPro-Nano with Edge Impulse Studio.

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