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CEO Leaves Wave, Putting MIPS' Future in Doubt

By Junko Yoshida, EETimes
September 24, 2019

Wave Computing, an AI startup based in Campbell, Calif., quietly swapped out its company chief in early September without a public announcement. Wave’s website now shows that Art Swift, who became Wave’s CEO last May, is already gone. It lists Sanjai Kohli as the new CEO.

Neither Wave Computing nor the new CEO responded our request for interview. EE Times, however, caught up with Swift, Wave’s former CEO, over the last weekend. He told us that he left Wave on Sept. 2nd. That means his CEO tenure at Wave lasted less than four months.

Asked why he left Wave, Swift said, “I had a disagreement with the [Wave] board on a short-term fund-raising strategy.” He declined to elaborate.

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