STOCK TITAN

Raspberry Pi Receives Strategic Investment from Sony Semiconductor Solutions Corporation

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

Sony Semiconductor Solutions Corporation (SSS) announced a strategic investment in Raspberry Pi Ltd. (RPL) on April 12, 2023. This minority investment aims to enhance the development of edge AI solutions, particularly through SSS's AITRIOS™ platform. SSS's President and CEO, Terushi Shimizu, stated the partnership will offer new value across various industries by leveraging innovative edge AI sensing technology. The relationship with RPL will allow SSS to engage with the global Raspberry Pi user community, facilitating the creation of unique solutions.

Eben Upton, RPL CEO, emphasized the expansion of their long-standing partnership, which includes contract manufacturing and semiconductor product provisions. The collaboration is expected to promote machine-learning applications within the Raspberry Pi ecosystem.

Positive
  • Strategic investment enhances relationship with Raspberry Pi which may lead to development of new edge AI solutions.
  • The partnership allows expansion of SSS's edge AI technology into the Raspberry Pi community, opening new market opportunities.
Negative
  • None.

Establishing strategic partnership for the further enhancement of the edge AI solution development

TOKYO and CAMBRIDGE, United Kingdom, April 12, 2023 /PRNewswire/ -- Sony Semiconductor Solutions Corporation ("SSS") and Raspberry Pi Ltd. ("RPL") today announced the agreement by SSS to make a strategic investment in RPL. The minority investment cements the relationship between the two companies, to provide a development platform for SSS's edge AI devices to the worldwide community of Raspberry Pi users.

 "This partnership cements the relationship between SSS and Raspberry Pi, further enhancing the development of edge AI."

"Our goal is to provide new value to a variety of industries and support them in solving issues using our innovative edge AI sensing technology built around image sensors," said Terushi Shimizu, President and CEO of Sony Semiconductor Solutions Corporation. "We are very pleased to be partnering with Raspberry Pi Ltd. to bring our AITRIOS™ platform -- which supports the development of unique and diverse solutions utilizing our edge AI devices -- to the Raspberry Pi user and developer community, and provide a unique development experience."

"Sony Group is a longstanding and valued strategic partner. Our pre-existing relationship encompasses contract manufacturing, and the provision of image sensors and other semiconductor products," said Eben Upton, CEO of Raspberry Pi Ltd. "This transaction will allow us to expand our partnership, bringing Sony Semiconductor Solutions' line of AI products to the Raspberry Pi ecosystem, and helping our users to build exciting new machine-learning applications at the edge."

About Sony Semiconductor Solutions Corporation

Sony Semiconductor Solutions Corporation is a wholly owned subsidiary of Sony Group Corporation and the global leader in image sensors. Our semiconductor business also includes a variety of other parts including microdisplays, LSIs, and laser diodes. We strive to provide advanced imaging technologies that bring greater convenience and fun to people's lives. In addition, we also work to develop and bring to market new kinds of sensing technologies with the aim of offering various solutions that will take the visual and recognition capabilities of both human and machines to greater heights. For more information, please visit https://www.sony-semicon.com/en/index.html 

About Raspberry Pi Ltd.

Raspberry Pi is a computing company. Our mission is to democratize technology: from companies large and small, to the kitchen table tinkerer, to the classroom coder, we make computers and computing accessible and affordable for everybody. We want people to actively engage with technology, not just be passive consumers. We want to provide businesses with access to cutting-edge computing technology at the lowest possible cost. And above all we want the Raspberry Pi platform to be an engine for creativity, learning and innovation.

※ AITRIOS is the registered trademark or trademark of Sony Group Corporation or its affiliates.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/raspberry-pi-receives-strategic-investment-from-sony-semiconductor-solutions-corporation-301795015.html

SOURCE Sony Electronics, Inc.

FAQ

What is the significance of Sony's investment in Raspberry Pi?

Sony's investment in Raspberry Pi aims to enhance the development of edge AI solutions, providing value across various industries.

When was the investment by Sony in Raspberry Pi announced?

The investment was announced on April 12, 2023.

How does the partnership affect the Raspberry Pi user community?

The partnership allows Raspberry Pi users to develop unique solutions utilizing Sony's AITRIOS platform for edge AI applications.

What is the AITRIOS platform mentioned in the press release?

AITRIOS is an edge AI platform developed by Sony that supports the creation of diverse machine-learning applications.

Sony Group Corporation American Depositary Shares (Each Representing One Share of Dollar Validated

NYSE:SONY

SONY Rankings

SONY Latest News

SONY Stock Data

111.54B
6.24B
7.62%
0.18%
Consumer Electronics
Technology
Link
United States of America
Tokyo