STOCK TITAN

Arteris Selected by Rain AI for Use in the Next Generation of AI

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Positive)
Tags
AI
Rhea-AI Summary
Arteris, Inc. (Nasdaq: AIP) announced that Rain AI has selected Arteris' FlexNoC 5 physically aware network-on-chip IP for its AI accelerator family. The on-chip connectivity will support Rain AI's digital in-memory compute for AI workloads, enabling faster data transfers at ultra-low power. Rain AI aims to build the compute platform for the future of AI, utilizing RISC-V ISA and Arteris' high-performance NoC IP to outperform GPUs and be more cost-effective.
Positive
  • None.
Negative
  • None.

Insights

The partnership between Arteris, Inc. and Rain AI represents a significant stride in the semiconductor industry, particularly in the realm of artificial intelligence (AI). The selection of Arteris' FlexNoC 5 by Rain AI underscores the increasing importance of network-on-chip (NoC) technology in addressing the high-performance requirements of AI workloads. The on-chip mesh network topology facilitated by FlexNoC 5 is designed to maintain high data transfer rates and low latency, which are crucial for the efficient operation of AI accelerators.

Arteris' proven track record in reducing time to market for system-on-chip (SoC) designs is a critical factor for AI companies looking to innovate rapidly. The use of a physically aware NoC IP can significantly streamline the design process, leading to cost savings and faster deployment of AI solutions. Additionally, the adoption of RISC-V ISA by Rain AI for its AI accelerator family could signal a shift towards more open and flexible architectures in AI computing, potentially disrupting the dominance of traditional GPU-based solutions.

The AI industry's focus on energy efficiency is becoming increasingly paramount, particularly as AI applications become more pervasive and require scaling to edge devices. Rain AI's emphasis on creating energy-efficient hardware for AI aligns with the broader industry trend towards sustainable computing. The ultra-low power feature of Arteris' FlexNoC 5 is a critical component in achieving energy savings while maintaining high performance.

As AI workloads continue to grow in complexity, the energy consumption of data centers and edge devices becomes a significant operational cost. Innovations that reduce power consumption without sacrificing performance can provide substantial competitive advantages by lowering the total cost of ownership for companies deploying AI solutions. Rain AI's approach to digital in-memory compute, which minimizes data movement and hence energy usage, exemplifies the industry's move towards more energy-conscious designs.

From a financial perspective, the collaboration between Arteris and Rain AI could have positive implications for both companies' market positions. Arteris' FlexNoC 5 being chosen for Rain AI's AI accelerator family suggests confidence in the product's ability to deliver on its performance promises. This could translate into increased demand for Arteris' IP solutions, potentially boosting its revenue streams and market share.

Rain AI's goal to outperform GPUs and offer cost-effective products could disrupt the current AI hardware market, where GPUs are the standard. If successful, Rain AI could capture a significant portion of the market, particularly if its solutions deliver on the promise of high performance at a lower cost. Investors may view this partnership as an indicator of Arteris' growth potential and Rain AI's disruptive capabilities in the AI hardware space.

Optimizing on-chip mesh connectivity with Arteris’ FlexNoC 5 physically aware network-on-chip enables Rain AI to realize faster data transfers at ultra-low power to achieve record performance for Generative AI and Edge AI computing at scale

CAMPBELL, Calif., Jan. 30, 2024 (GLOBE NEWSWIRE) -- Arteris, Inc. (Nasdaq: AIP), a leading provider of system IP which accelerates system-on-chip (SoC) creation, today announced that Rain AI, an AI company building the world’s most cost and energy efficient hardware for AI, has selected Arteris' FlexNoC 5 physically aware network-on-chip (NoC) IP. The company will utilize the Arteris interconnect IP for its AI accelerator family. The on-chip connectivity enabled by Arteris’ IP supports the design of an advanced mesh network topology for superior performance that helps support Rain AI’s digital in-memory compute for AI workloads.

The core of Rain AI's endeavor lies in co-designing fundamental innovations across software, hardware, and algorithms to both speed up processing and lower power consumption. The mesh network-on-chip topology design for on-chip connectivity is a cutting-edge approach to solve the technical challenge of maintaining high performance while interconnecting various AI processing elements. Arteris' FlexNoC 5, connecting a mesh topology for high-density AI computing, will enable Rain AI to achieve optimal performance at a lower cost of operation.

"The AI problem is an energy problem. Creating a future with abundant and scalable artificial intelligence is critical for the AI revolution," said William Passo, CEO of Rain AI. "The right NoC is critical for AI computing and Arteris FlexNoC 5 was an easy choice given its unmatched product performance including ultra-low power, lowest latency, and highest bandwidth, along with deep expert support and proven track record in reducing time to market."

Rain AI is on a mission to build the compute platform for the future of AI, including training and inference on the same platform to enable scale on-device AI. Utilizing the versatility of the RISC-V instruction set architecture (ISA) and the proven high-performance NoC IP from Arteris, Rain AI expects to deliver products that outperform GPUs and are radically more cost-effective.

"We are very excited to support Rain AI in their vision to transform AI compute through their novel approach to machine learning," stated K. Charles Janac, president and CEO of Arteris. "FlexNoC 5's ability to deliver high performance, flexibility and scalability was a great fit for Rain AI's approach to redefining compute for Generative AI and on-device AI applications."

Arteris remains steadfast in its commitment to delivering state-of-the-art system IP products, empowering innovators like Rain AI to achieve groundbreaking advancements in semiconductor technology. Learn more about FlexNoC 5 and solutions for AI at arteris.com.

About Arteris

Arteris is a leading provider of system IP for the acceleration of system-on-chip (SoC) development across today's electronic systems. Arteris network-on-chip (NoC) interconnect IP and SoC integration automation technology enable higher product performance with lower power consumption and faster time to market, delivering better SoC economics so its customers can focus on dreaming up what comes next. Learn more at arteris.com.

About Rain AI

Rain AI is creating a future with abundant and scalable artificial intelligence. They’re building the world’s most cost and energy efficient hardware for AI. Their products achieve an order of magnitude improvement over the status quo by co-designing every layer of the AI stack.

Rain AI is currently a Series A stage startup and backed by world leaders in AI, including Sam Altman (OpenAI), Y Combinator, Daniel Gross, Jaan Tallinn, Founders X Fund, Airbus Ventures, and Grep VC. Learn more at rain.ai

© 2004-2024 Arteris, Inc. All rights reserved worldwide. Arteris, Arteris IP, the Arteris IP logo, and the other Arteris marks found at https://www.arteris.com/trademarks are trademarks or registered trademarks of Arteris, Inc. or its subsidiaries. All other trademarks are the property of their respective owners.


FAQ

What is the significance of Arteris' FlexNoC 5 physically aware network-on-chip IP for Rain AI?

Arteris' FlexNoC 5 physically aware network-on-chip IP enables Rain AI to achieve faster data transfers at ultra-low power, supporting digital in-memory compute for AI workloads.

What is Rain AI's vision for the future of AI computing?

Rain AI aims to build the compute platform for the future of AI, including training and inference on the same platform to enable scale on-device AI.

How does Rain AI plan to outperform GPUs in AI computing?

Rain AI plans to utilize the versatility of the RISC-V instruction set architecture (ISA) and the high-performance NoC IP from Arteris to deliver products that outperform GPUs and are more cost-effective.

Arteris, Inc.

NASDAQ:AIP

AIP Rankings

AIP Latest News

AIP Stock Data

327.45M
25.99M
35.19%
40.95%
1.48%
Semiconductors
Semiconductors & Related Devices
Link
United States of America
CAMPBELL