Quadric rides the shift from cloud AI to on-device inference — and it’s paying off

Companies and governments are looking for tools to run AI locally in a a bid slash cloud infrastructure costs and build sovereign capability. Quadric, a chip-IP startup founded by veterans of early bitcoin mining firm 21E6, is trying to power that shift, scaling beyond automotive into laptops and industrial devices, with its on-device inference technology. That expansion is already paying off. Quadric posted $15 million to $20 million in licensing revenue in 2025, up from around $4 million in 2024, CEO ...