Deep Learning Chip Company Honored for Achievements in Advancing AI Pervasiveness in Battery-Powered Devices
Irvine, Calif., April 7, 2021 – Syntiant, a deep learning chip technology company providing low- power solutions for always-on voice and sensor applications at the edge, today announced it was named to the fifth annual CB Insights’ AI 100 ranking for the third year in a row. The listing showcases the 100 most promising private artificial intelligence companies in the world.
“Being named to the top 100 AI companies three years running is truly a testament to the exceptional work of everyone at Syntiant,” said Kurt Busch, CEO of Syntiant. “Our company has made great strides in the last year alone, from surpassing the milestone of 10 million units shipped to introducing our next generation silicon. It’s an honor to be recognized for our efforts as we continue to advance AI pervasiveness at the edge with our deep learning technology.”
The company recently announced the Syntiant® NDP120™, the latest generation of special purpose chips for always-on audio and sensor processing in a wide variety of battery-powered devices, from earbuds to smartphones to laptops. Packaged with the Syntiant Core 2™, a highly flexible, ultra-low-power deep neural network inference engine, the NDP120 delivers 25x the tensor throughput of the Syntiant Core 1™ found in the Syntiant® NDP100™ and Syntiant® NDP101™ devices that are currently shipping in high volumes.
“This is the fifth year CB Insights has recognized the most promising private artificial intelligence companies with the AI 100, and this is one of the most global groups we've ever seen. This year's cohort spans 18 industries, and is working on everything from climate risk to accelerating drug R&D,” said CB Insights CEO Anand Sanwal. “Last year's AI 100 companies had a remarkable run after being named to the list, with more than 50 percent going on to raise additional financing (totaling $5.2B), including 16 $100 million+ mega-rounds. Many also went on to exit via M&A, SPAC or IPO. As industry after industry adopts AI, we expect this year’s class will see similar levels of interest from investors, acquirers and customers."
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Founded in 2017 and headquartered in Irvine, Calif., Syntiant Corp. is a leader in moving artificial intelligence and machine learning from the cloud to edge devices. Syntiant’s advanced chip solutions merge deep learning with semiconductor design to produce ultra-low-power, high performance, deep neural network processors for always-on applications in battery-powered devices, such as smartphones, smart speakers, earbuds, hearing aids and laptops. The company is backed by several of the world’s leading strategic and financial investors including Intel Capital, Microsoft’s M12, Applied Ventures, Robert Bosch Venture Capital, the Amazon Alexa Fund and Atlantic Bridge Capital. Syntiant continues to be recognized as an industry leader, being named to Gartner's April 2020 Cool Vendors in AI Semiconductors; Fast Company’s prestigious list of the World’s Most Innovative Companies for 2020; as well as a CES® 2021 Innovation Awards Honoree and CES® 2020 Best of Innovation Awards Honoree. More information on the company can be found by visiting www.syntiant.com or by following Syntiant on Twitter @Syntiantcorp.