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Stock impact report

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

Arteris, Inc. (AIP) 
Company Research Source: GlobeNewswire
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 vari Show less Read more
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