MemryX Names New CEO and VP of Sales to Push AI Chips Into Data Centers
MemryX Inc., an Ann Arbor-based semiconductor company, appointed Ross Jatou as CEO and Joe Faris as VP of Sales and Marketing on June 1. The moves signal the company's shift from edge AI deployments into data center markets, where efficiency and power consumption are becoming critical competitive factors.
Jatou spent 15 years at NVIDIA, most recently as VP of Engineering for enterprise, automotive, and AI platforms. He left Alat Corporation, the semiconductor and AI investment arm of Saudi Arabia's Public Investment Fund, to take the role. His appointment succeeds Keith Kressin, who led MemryX since December 2021 and brought the company's AI inference solutions into production.
"The industry is facing increasing power and deployment challenges across both edge and data center environments," Jatou said. "MemryX is uniquely positioned to address those demands with a proven architecture designed to deliver high-performance inference with significantly improved efficiency."
Faris brings over 20 years of commercial experience in technology sectors. He previously led global teams at Luminar Technologies across automotive and industrial markets, and held engineering roles at onsemi, Intel, and TRW.
For sales professionals, understanding AI infrastructure vendors and their positioning matters. MemryX's focus on efficiency-not just raw performance-reflects how enterprise buyers now evaluate AI chips. Faris's hiring suggests the company is moving beyond early adopters into broader commercial channels.
MemryX uses what it calls an "at-memory" dataflow architecture designed to reduce power consumption in AI inference. The company raised $44 million in Series B funding from investors including HarbourVest and the Arm IoT Fund.
For sales teams: AI for Sales and the AI Learning Path for VP of Sales offer practical frameworks for selling AI infrastructure solutions to enterprise customers.
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