Express Computer
Home  »  News  »  AMD and IIT-B collaborate to support semiconductor start-ups in India

AMD and IIT-B collaborate to support semiconductor start-ups in India

0 57

AMD has announced a partnership with Society for Innovation and Entrepreneurship (SINE), an incubator at IIT-Bombay, to promote semiconductor start-ups in India. Under this partnership, AMD will provide grants to IIT-B incubated startups working on the development of energy-efficient Spiking Neural Network (SNN) chips. The startups have to devise ways to significantly reduce energy consumption utilised by conventional neural networks.

Speaking about the initiative, Jaya Jagadish, Country Head, AMD India, said, At AMD, our goal is to reduce energy costs and increase efficiency across all our product lines. We aim to deliver a 30x improvement in energy efficiency for AMD processors and accelerators powering HPC and AI training by 2025. This means we are increasing the energy efficiency of compute nodes at a rate that is significantly faster than the aggregate industry-wide improvement made during the last five years. We continuously work with industry bodies and academia to support initiatives that help drive innovation in this field.

“As India looks to execute a comprehensive semiconductor strategy, it is important to nurture, build and grow startups in this space. As design cycles are long and cost of entry high in the semiconductor design area, it is SINE’s endeavor to foster and create strong, product-focussed, cutting-edge semiconductor design startups by addressing gaps in the industry”., said Shaji Varghese, CEO, SINE- IIT Bombay.

The first grant was given to Numelo Technologies for developing SNN chips using ultralow power quantum tunnelling on silicon on insulator (SOI) technology.

Speaking on the occasion Prof. Udayan Ganguly, Director, Numelo Tech said, “Our focus to offer extended battery life, enhanced data privacy, and feature a versatile architecture capable of facilitating sound, image, and video recognition, has led us to develop a host of innovations at the technology, circuit and systems architecture and algorithms/software level.” Speaking to the technology’s distinguishing factor, they added, “As a startup in this area, we greatly value to interact with the senior and distinguished engineers at AMD who can mentor the program, we believe this adds far greater value than just the grant itself.”

This partnership is part of AMD’s Corporate Social Responsibility initiative. AMD prioritises inclusion of quality education in science, technology, engineering and mathematics (STEM) and promoting scientific research as a part of its CSR program.

Get real time updates directly on you device, subscribe now.

Leave A Reply

Your email address will not be published.

LIVE Webinar

Digitize your HR practice with extensions to success factors

Join us for a virtual meeting on how organizations can use these extensions to not just provide a better experience to its’ employees, but also to significantly improve the efficiency of the HR processes
REGISTER NOW 

Stay updated with News, Trending Stories & Conferences with Express Computer
Follow us on Linkedin
India's Leading e-Governance Summit is here!!! Attend and Know more.
Register Now!
close-image
Attend Webinar & Enhance Your Organisation's Digital Experience.
Register Now
close-image
Enable A Truly Seamless & Secure Workplace.
Register Now
close-image
Attend Inida's Largest BFSI Technology Conclave!
Register Now
close-image
Know how to protect your company in digital era.
Register Now
close-image
Protect Your Critical Assets From Well-Organized Hackers
Register Now
close-image
Find Solutions to Maintain Productivity
Register Now
close-image
Live Webinar : Improve customer experience with Voice Bots
Register Now
close-image
Live Event: Technology Day- Kerala, E- Governance Champions Awards
Register Now
close-image
Virtual Conference : Learn to Automate complex Business Processes
Register Now
close-image