EnCharge AI Partners with Princeton University on Groundbreaking AI Chip Technology Supported By U.S. Department of Defense (DoD)

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Summary

New collaboration to yield full-stack computing solution capable of supporting large-scale public- and private-sector advancements in AI through $18.6 million grantSANTA CLARA, Calif., March 6, 2024 /PRNewswire/ -- Today, , the company commercializing next-generation AI accelerators, announced a partnership with Princeton University, supported by the U.S. Defense Advanced Research Projects Agency (DARPA) towards developing advanced processors capable of running AI models more efficiently than previously thought possible.DARPAS Optimum Processing Technology Inside Memory Arrays (OPTIMA) program is a $78 million effort to develop fast, power-efficient, and scalable compute-in-memory accelerators that can unlock new possibilities for commercial and defense-relevant AI workloads not achievable with current technology. Many of the innovations the OPTIMA project seeks to further develop were discovered in Dr. Vermas Princeton lab, in part with previous funding by DARPA and DoD.The project will explore advancements and end-to-end workload execution of AI applications using the next generation of switched-capacitor analog in-memory computing chips pioneered by Dr. Vermas lab and commercialized by EnCharge AI. "The future is about decentralizing AI inference, unleashing it from the data center, and bringing it to phones, laptops, vehicles, and factories," Verma said. "EnCharge brings together leaders from Princeton, IBM, Nvidia, Intel, AMD, Meta, Google and other companies that have led computing into the modern era. The high-performance solutions will enable the immense potential of AI to be accessible at scale, in power, size, and weight constrained applications.

$ Funding

$
Amount $18.6M Total raised
Date March 6, 2024 Announcement date
Investors - Lead investors
Company https://enchargeai.com/ Funded company

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