AI Startup Wave Computing To Buy MIPS
Wave to expand from AI training to AI inference
6/13/2018 03:01 PM EDT
MADISON, Wis. — EE Times has learned that Wave Computing (Campbell, California), a startup focused on the development of AI systems using its massively parallel dataflow architecture, will announce later this week that it has acquired MIPS Technologies, a storied but beleaguered Silicon Valley company that developed MIPS processor architecture and related processing cores.
The move will allow Wave Computing to expand from AI training in data centers to AI inference for embedded systems.
EE Times called Wave Computing's CEO Derek Meyer, and asked him what has motivated the startup to make such a move.
He told EE Times, “Our strategy has always been to push our dataflow fabric out to the edge.” The acquisition should give Wave Computing an opportunity to infuse its scalable dataflow technology with MIPS’s RISC processors while plugging it into MIPS’s ecosystem.
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