BENGALURU | 26 September 2026: As the energy consumption of conventional digital processors threatens to bottleneck the global expansion of artificial intelligence, US-based semiconductor firm Mythic AI has established a new Centre of Excellence (CoE) in Bengaluru. Operating locally through Mythic India Private Limited in Koramangala, the facility is structured to serve a dual mandate: executing core pre-silicon and post-silicon chip design while anchoring the company’s commercial expansion across India and the broader Asian market.
Mythic is embedding the Bengaluru team directly into the development of its analog compute-in-memory (ACIM) architecture, a hardware approach that processes AI workloads directly inside memory arrays to curb the power and heat constraints of traditional GPUs.
KEY HIGHLIGHTS
- Aggressive Headcount Expansion: Starting from an initial base of nearly 20 specialists, Mythic plans to triple to quadruple its Bengaluru engineering workforce exceeding 60 engineers by the end of Q1 2027.
- High Share of Flagship Silicon: According to Chairman and CEO Dr. Taner Ozcelik, the India centre already executes roughly 25% of the engineering work on Vanguard, Mythic’s next-generation AI inference platform, with plans to scale that contribution to nearly 50% as local capabilities mature.
- End-to-End Product Ambition: Corporate leadership has outlined a roadmap where the Bengaluru hub will eventually design and bring select semiconductor products to market entirely from India on an end-to-end basis.
- Capital & IP Foundation: The Indian expansion follows Mythic’s $125 million oversubscribed funding round (announced in December 2025) and its acquisition of German processor-IP firm Videantis, which combined analog compute-in-memory with digital processing IP.
Founded in 2012 and dual-headquartered in Austin, Texas, and Palo Alto, California, Mythic AI is a deep-tech semiconductor company specializing in Analog Processing Units (APUs) for artificial intelligence inference.
Conventional digital AI chips consume vast amounts of electricity by repeatedly shuttling data back and forth between external memory (DRAM) and the processor a structural limitation known in computer architecture as the von Neumann bottleneck. Mythic bypasses this constraint through analog compute-in-memory, utilizing flash memory arrays as configurable resistors to perform massive matrix-multiply calculations directly inside memory. The company states that a single Vanguard rack can match the compute output of 650 conventional server racks, a density and power advantage that has already been validated for tactical-edge defense deployments through a strategic partnership with Lockheed Martin.
We intend to build capabilities in India, including the ability to design and take certain products to market entirely from the country, from end to end. India has an exceptional talent pool and a strong education ecosystem, including the IITs and other leading universities, which we are tapping into.

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