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Tenstorrent RISC-V and Chiplet Technology Selected to Build the Future of AI in Japan

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Tenstorrent is pleased to announce a multi-tiered partnership deal with Japan’s Leading-edge Semiconductor Technology Center (LSTC), which selected Tenstorrent’s world-class RISC-V and Chiplet IP for its all-new edge 2nm AI Accelerator. In addition to the IP licensing portion of this deal, Tenstorrent will work with LSTC as a collaborative innovation partner to co-design the chip that will redefine AI performance in Japan.
Under this project, Tenstorrent will also work with Rapidus Corporation, a newly founded Japanese semiconductor company that will develop state-of-the-art logic semiconductor technologies with an ambitious goal to achieve the world’s best cycle time reduction services. Rapidus is planning to serve not only for wafer processing but also advanced packaging to meet the customer’s specific needs through maximizing the effectiveness of the total manufacturing process. Their strategy is well aligned with Tenstorrent’s direction.
Long known to offer the highest performing RISC-V CPU technology in the market, Tenstorrent will leverage its Ascalon RISC-V CPU core technology to co-develop a RISC-V CPU chiplet for LSTC’s new edge AI accelerator. Tenstorrent and LSTC share the same vision that the future of silicon will be driven by heterogeneous compute – the combining of RISC-V CPU and AI cores that are designed to be used together to handle any workload.
Tenstorrent is an ideal partner for LSTC based not only on the strength of Tenstorrent’s RISC-V CPU technology and expertise in artificial intelligence, but also because of the strength of Tenstorrent’s team and its commitment to Japan. Tenstorrent is led by industry legend chip architect CEO Jim Keller who has a storied history of building high-profile, commercially successful silicon products such as Tesla’s first self-driving chip, chips for the Apple iPad, and AMD’s Zen architecture. Under Keller’s leadership, Tenstorrent’s success in AI, RISC-V CPU, and heterogeneous compute development made it easy for LSTC to choose Tenstorrent to work with to co-design their hardware.
“”The joint effort by Tenstorrent and LSTC to create a chiplet-based edge AI accelerator represents a groundbreaking venture into the first cross-organizational chiplet development in semiconductor industry,” said Wei-Han Lien, Chief Architect of Tenstorrent’s RISC-V products. “The edge AI accelerator will incorporate LSTC’s AI chiplet along with Tenstorrent’s RISC-V and peripheral chiplet technology. This pioneering strategy harnesses the collective capabilities of both organizations to use the adaptable and efficient nature of chiplet technology to meet the increasing needs of AI applications at the edge.”
“Tenstorrent is the perfect partner for us in this Post 5G Project,” said Tetsuro Higashi, chairman of LSTC. “As a next-generation semiconductor design technology, we will promote the development of edge AI accelerators dedicated to edge inference processing applications, including generative AI, through international collaboration. Edge AI accelerators enable high-speed arithmetic processing with low power consumption.”
“I am very pleased that this collaboration started as an actual project from the MOC conclusion with Tenstorrent last November,” said Atsuyoshi Koike, president and CEO of Rapidus Corporation. “We will cooperate not only in the front-end process but also in the chiplet (back-end process), and work on as a leading example of our business model that realizes everything from design to back-end process in a shorter period of time ever.”
“This is a pivotal moment for Japan, for LSTC, for Rapidus, and for Tenstorrent. Having spent a large part of my career in Japan, I know how important it is for Japan to reestablish leadership in the design of high performance compute,” said David Bennett, Chief Customer Officer of Tenstorrent. “It is with great pleasure that I also announce that Tenstorrent will be opening a high performance compute design center in Japan to support not only this project and our customers, but also to help nurture and develop the future of Japan’s high performance compute industry.”
The post Tenstorrent RISC-V and Chiplet Technology Selected to Build the Future of AI in Japan appeared first on HIPTHER Alerts.

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Eddid ONE and Eddid ONE USA Expand Global Coverage

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Eddid Financial (“the Group”) announces that its intelligent trading application Eddid ONE and the premier US stock trading application Eddid ONE USA* have expanded their global coverage to 22 countries and regions. The apps are now officially launched on Google Play and App Store in respective markets, providing clients with advanced and convenient proprietary intelligent services.
The apps are now available in 22 key global markets across six continents, including Hong Kong, the United States, the United Kingdom, Australia, Taiwan and Japan. Going forward, expansion plans are in place to reach additional emerging markets as the Group continues building out its global network.
Eddid ONE and Eddid ONE USA* have long been favored by the market for their clean interface and versatile functions. Specifically, Eddid ONE includes AI assistants in addition to real-time market data, proprietary trading strategies, research reports etc., but also come with AI assistants. Utilizing big data and AI technologies, the assistants provide personalized intelligent services, including predicting market trends and target stock prices to cater to diverse investor needs.
Clients can now keep abreast of the latest global market developments anytime, anywhere by using Eddid ONE and Eddid ONE USA*. This allows them to enjoy the Group’s one-stop proprietary intelligent trading services no matter where they are. Going forward, Eddid Financial will continue leveraging its leadership in fintech innovation to further enhance Eddid ONE and Eddid ONE USA*, with the commitment to deliver an even more comprehensive, efficient and secure financial services experience.
* *Always consider the risks when investing.
The post Eddid ONE and Eddid ONE USA Expand Global Coverage appeared first on HIPTHER Alerts.

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Gcore Recognised as Highly Commended in the Industry Innovator Category at the EMEA NVIDIA Partner Network Awards

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Gcore, the global edge AI, cloud, network, and security solutions provider, today announced its recognition as ‘Highly Commended’ in the Industry Innovation category at the NVIDIA Partner Network Awards EMEA 2024 for its groundbreaking Speech-to-Text Translator.
The NVIDIA Partner Network Awards celebrate the exceptional contributions of partners exhibiting outstanding efforts, unwavering commitment, and innovative spirit in accelerated computing and AI. The Industry Innovation Award recognises partners who have spearheaded transformation within a specific industry or field.
Gcore used artificial intelligence to launch the first advanced machine learning model for speech-to-text translation from English to Luxembourgish. The model can be used to translate entire recordings for various mediums, including theatre, film, or music, from English into Luxembourgish text – for example, in the form of film subtitles.
Gcore is currently working on enabling real-time translations for use during conferences and events. The company’s future plans also include adding other commonly used languages in Luxembourg, such as French and German, to the translation tool, making speech-to-text translation a key mode of cross-language communication.Speech-to-Text Translator is part of Gcore’s state-of-the-art edge AI solutions, which also include GPU Cloud for AI training and Inference at the Edge for AI inference, all powered by NVIDIA GPUs.
Commenting on the award, Andre Reitenbach, CEO of Gcore, said: “We are delighted to receive this recognition from the NVIDIA Partner Network. Aware of the growing demand from the Luxembourgish public, expats, and local businesses for translation from English to Luxembourgish, Gcore is committed to making communication seamless and efficient. Our groundbreaking AI app for speech recognition sets a new standard, demonstrating our leadership in edge AI services. We are honoured to be acknowledged by the NVIDIA Partner Network for our innovative contribution to the AI landscape.”
“AI fosters communication and connection through its ability to translate across languages,” said Dirk Barfuss, Director of EMEA Channel at NVIDIA. “Gcore is recognized as 2024 EMEA NPN Highly Commended in the Industry Innovator category for its achievements in creating the first advanced speech-to-text translation from English to Luxembourgish, powered by NVIDIA GPUs.”
Gcore’s model was built on Whisper Small – the downsized version of the open-source Whisper model, containing 244 million weights. To meet this substantial demand for computing resources, Gcore used a high-end solution powered by the NVIDIA A100 Tensor Core GPU.
The post Gcore Recognised as Highly Commended in the Industry Innovator Category at the EMEA NVIDIA Partner Network Awards appeared first on HIPTHER Alerts.

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CCI Initiates Study on AI’s Influence on Competition, Efficiency, and Innovation

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The Competition Commission of India (CCI) is gearing up to conduct a comprehensive study on the impact of Artificial Intelligence (AI) on competition, efficiency, and innovation.
This initiative comes in response to the growing significance of AI across various sectors. With the aim of fostering innovation and fair competition, the CCI has announced plans to delve into the evolving landscape of AI and its application in Indian markets.
In a recent announcement, the CCI issued a request for proposal to engage an agency to conduct this market study. The study aims to provide insights into the emerging competition dynamics within AI ecosystems, along with assessing the implications of AI applications for competition, efficiency, and innovation across key user industries.
Key focus areas of the study include understanding the AI ecosystem, analyzing its applications in different industries, evaluating its impact on competition within sectors, and examining the regulatory frameworks governing AI development in India and other major jurisdictions.
Additionally, the study will explore strategies for fostering a competitive environment that encourages both incumbent AI developers and new innovators. It will also address measures for creating awareness among stakeholders regarding AI usage and its implications on competition, alongside ensuring compliance with necessary standards.
To facilitate this study, the selected agency will be tasked with collating existing research and data, as well as engaging with relevant stakeholders. The deadline for submission of bids is June 3, with the opening of financial bids scheduled for June 26.
This initiative underscores India’s commitment to understanding and harnessing the potential of AI while ensuring fair competition and promoting innovation. It aligns with the CCI’s broader efforts to address emerging challenges in the digital economy and safeguard competition in the market.
By conducting this study, the CCI aims to equip itself with valuable insights that will inform future regulatory decisions and strategies related to AI development and its impact on competition dynamics in India.
Source: business-standard.com
The post CCI Initiates Study on AI’s Influence on Competition, Efficiency, and Innovation appeared first on HIPTHER Alerts.

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