Rain Neuromorphic' artificial intelligence chips are analogue, gets $25 million funding
The chip designer has designed the Chops in such a way that can mimic the working of Brain, backed by Sam Altman, and gets $25-million-funding.
Sam Altman is a person who is known to be the early backer of Rain Neuromorphic.
Highlighted facts
- The company has announced that the technology that will be used to manufacture the chips will be analog.
- The newly designed chips of Rain’s Company is having a special circuit called the memristor.
- The company has also revealed the partner who contributed to the funding by Prosperity 7 ventures, Aramco.
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Rain Neuromorphic company, a startup designing chips that mimic the way the brain works, and the company have also aimed to serve companies using artificial intelligence algorithm in their chips, raised $25 million funding which is about 187 crore in Rupee.
The company’s CEO Gordon Wilson and the Co-Founder of Rain, states that where other chip-providing companies are providing technology based on digital but his technology provides the chips based on analog. The Digital Chips are said to read 0s and 1s while our chips having analog technology can decipher incremental information such as sound waves.
Wilson said “it’s about looking at the brain first the cliques to inform how we can build a new substrate of computation,” he also added, “by building the neutral circuit, we can achieve efficiency and extraordinary scale simultaneously.”
This technology-based artificial intelligence is currently dominated by NVIDIA’s graphic chips and for its funding, many US companies have been raising funds like SambvaNova Systems, Groq, and Cerebral System.
A backer of Rain and a well-known investor of Silicon Valley, Sam Altman commented in this ‘subject to Reuters by e-mail and said in the mail as the company’s “Neuromorphic approach could vastly reduce the cost of creating powerful AI models and will hopefully one day help to enable true artificial general intelligence.”
The company has also revealed the fact that Rain Chips will have a specific circuit in the chips called Memristor on top of silicon wafers. These memristors were designed about a decade ago by HP and serve as ‘artificial synapsis’ that allow the processing and its memory to happen in the same place. Also said that our chips having the memristor circuit is possible to ruin an AI algorithm faster and more energy-efficient than the existing digital AI chips.
Wilson also told that the funds that have been raised will be used for the development and expand the engineering team as Rain takes its prototype chips to the next stage of development.
The fund that has been currently was raised and led prosperity 7 ventures which is a venture capital fund of Aramco venture.
