CHANDLER (dpa-AFX) - Microchip Technology Inc. (MCHP) Monday announced the
acquisition of Neuronix AI Labs to expand its capabilities for power-efficient,
AI-enabled edge solutions deployed on field programmable gate arrays. The
financial aspects of the deal are not revealed.

Microchip, a provider of smart, connected and secure embedded control solutions,
said the acquisition will enable to develop cost-effective, large-scale edge
deployments of components designed for use in computer-vision applications.
Neuronix AI Labs provides neural network sparsity optimization technology that
enables a reduction in power, size and calculations for tasks.

The acquisition will allow non-FPGA designers to harness powerful parallel
processing capabilities using industry-standard AI frameworks without requiring
in-depth knowledge of FPGA design flow.



Copyright(c) 2024 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX