WebsiteGear Logo Log In
New User? Sign Up
About | Contact | FAQ
  Home News Technology Internet Technology Wednesday, January 17, 2018 
Add Press Release News | News Feeds Feeds | Email This News Email


NovuMind wins US-China Cross Border Innovation Award from SVIEF
Friday, January 12, 2018

LAS VEGAS, Jan. 12, 2018 /PRNewswire/ -- During the world's largest annual consumer technology show CES 2018, Silicon Valley Technology Innovation and Entrepreneurship Forum (SVIEF) announced the breathtaking innovation award on Jan 9(th) night in Las Vegas. AI chip start-up NovuMind wins US-China Cross Border Innovation Award at the Silicon Valley featured Oscar Awards Gala -- leaving a flashbulb memory for audiences, investors and tech experts.

The CES 2018 US-China Cross-Border Innovation Award Night is organized by SVIEF. Since 2011, SVIEF has been the largest conference that fosters innovation and business partnership between China and the U.S. in Silicon Valley. This year, Silicon Valley AI chip start-up NovuMind brings its first ASIC product NovuTensor to CES 2018. The new chip is designed for artificial neural networks, by using very small (3x3) convolution filters.

"Our first AI chip, NovuTensor is published for the first time in Las Vegas at CES 2018. It is the most power- efficient AI chip in the world. With the full stack service, NovuMind can help traditional enterprises have the most powerful AI ability just in two steps -- Train once, and then deploy AI to everywhere." said Dr. Bin Zhou, President of NovuMind China.

As an advanced AI chip entrepreneurship, NovuMind is dedicated to improving your life through AI by making things think. Through cutting edge, in-house-developed AI technology, NovuMind combines big data, high-performance, and heterogeneous computing to change the Internet of Things (IoT) into the Intelligent Internet of Things (I(2)oT).

Dr. Ren Wu, founder and CEO of NovuMind, formerly a distinguished scientist at Baidu, started NovuMind in August 2016. Now, there are 50 people in NovuMind's team, including 35 engineers in the U.S. and 15 in Beijing. The company's first AI chip "NovuTenosr" -- designed for prototyping -- is displayed on CES 2018 for the first time, which is running on a 15 teraflops of performance (ToP) chip under 5 watts.

NovuMind is forging ahead in today's hotly pursued market of deep-learning accelerators for edge devices. According to Dr. Wu's disclosure, NovuMind is carrying out a new round of financing after raising $15.2 million in series A funding in December 2016. As Mike Li, IC engineering VP of NovuMind stated, NovuMind's second chip, designed to run under a watt, is expected to launch in mid-2018.

View original content with multimedia:http://www.prnewswire.com/news-releases/novumind-wins-us-china-cross-border-innovation-award-from-svief-300581965.html

SOURCE NovuMind



Email This News Email | Submit To Slashdot Slashdot | Submit To Digg.com Digg | Submit To del.icio.us Del.icio.us | News Feeds Feeds

RELATED NEWS ARTICLES
Nav New Survey Reveals Crisis of Confidence in Workforce Readiness Among College Students | Jan 17, 2018
Nav Cloud Radio Access Network Market Size Worth $31.71 Billion by 2025: Grand View Research, Inc. | Jan 17, 2018
Nav Dragos Announces New 5-Day, Hands-On Industrial Control Systems Cybersecurity Course on Assessing, Monitoring and Hunting Industrial Threats | Jan 17, 2018
Nav Global Robotics Market is likely to cross US$ 130 Billion by the end of 2024 | Jan 17, 2018
Nav Global Managed IT Service Providers Markets 2018-2021 | Jan 17, 2018
Nav Application Management Services Market Worth 27.83 Billion USD by 2022 | Jan 17, 2018
Nav LMR market is expected to grow US$ 16,226.1 million by 2025 from US$ 6,408.5 million in 2016 | Jan 17, 2018
Nav BlockC60 Announces Launch of World Blockchain Opportunities Summit, 2018 | Jan 17, 2018
Nav DataPath Appoints New Chief Financial Officer and First Chief Operations Officer | Jan 17, 2018
Nav NTN Buzztime Digital Menu and Secure Payment Goes Live at Buffalo Wild Wings | Jan 17, 2018
NEWS SEARCH

FEATURED NEWS | POPULAR NEWS
Submit News | View More News View More News