Wave's management make up is mostly marketing guys and 1 engineer, while NVidia employs thousands of engineers. In a mature field like hardware chips, it takes many engineers to make a tiny impact.

Yet Wave claim they can beat NVidia DGX-1 by 1000% in a single 3U box.

Smells like a scam.

The management on their site looked like 1 marketing guy and the rest heavy weight engineers?

A bit more detail:

http://siliconangle.com/blog/2016/07/21/wave-computing-rolls...

With $40m funding and 100 staff, 16nm tape out done, they seem pretty far, but flying under the radar.

Some more details on the architecture coming end of Sept apparently:

http://www.eetimes.com/document.asp?doc_id=1330175

But as always, proof is in the pudding.

Good research. I was going by management LinkedIn profiles: http://wavecomp.com/company/