Untether AI Recognized for AI Chip Innovation in 7th Annual AI Breakthrough Awards Program

Prestigious International Annual Awards Program Honors Standout AI and Machine Learning Solutions and Companies

TORONTO – June 26, 2024 – Untether AI, the leader in energy-centric AI inference acceleration, today announced that it has been selected as winner of the “Best AI Chip Solution” award in the seventh annual AI Breakthrough Awards program conducted by AI Breakthrough, a leading market intelligence organization that recognizes the top companies, technologies and products in the global Artificial Intelligence (AI) market today.

Untether AI’s at-memory compute architecture dramatically reduces AI’s energy use. The company’s technology breaks the efficiency bottleneck for AI workloads and improves performance all while reducing power consumption. By placing the processing and the memory next to each other, Untether AI helps with the data movement issues that come with traditional AI chips.

Untether AI moves the compute element to where the data is stored, reducing the power consumption for data transfer by six times. This allows for unprecedented compute density, “untethered” to traditional approaches. Designed for AI inference workloads, the speedAI® architecture provides best-in-class performance for running deep neural networks.

At the heart of the unique at-memory compute architecture is a massively parallel array of customized processors directly attached to memory, offering 2 PetaFlops of AI inference performance. With the multi-chip partitioning capability of Untether’s imAIgine® Software Development Kit, larger networks can be split apart to run on multiple devices, or even across multiple speedAI® 240 accelerator cards.

“As AI technology moves towards the rapid implementation of models into inference, our focus on high performance with lower power and heat is essential to help inference scale at the edge,” said Chris Walker, CEO of Untether AI. “We’re honored to receive this award from AI Breakthrough and remain committed to understanding our customers’ needs while also staying ahead of industry standards to enable the next generation of AI applications.”

The mission of the AI Breakthrough Awards is to honor excellence and recognize the innovation, hard work and success in a range of AI and machine learning related categories, including Generative AI, Computer Vision, AIOps, Deep Learning, Robotics, Natural Language Processing, industry specific AI applications and many more. This year’s program attracted more than 5,000 nominations from over 20 different countries throughout the world. 

“Untether AI continues to break boundaries when it comes to energy efficiency in AI chip workloads. Many of today’s AI chips are built using decades-old technology that worked well for the semiconductor world up until now. As we enter the new era of AI, an energy breakthrough is necessary to mitigate the stress on electricity grids and the environment,” said Steve Johansson, managing director, AI Breakthrough. “Untether AI and their groundbreaking technology is our choice for ‘Best AI Chip Solution!’ By tackling the unsustainable power consumption issue head-on, the company’s first-of-its-kind technology provides the highest throughput as well as industry-leading power efficiency and cost efficiency.”

About AI Breakthrough

Part of Tech Breakthrough, a leading market intelligence and recognition platform for global technology innovation and leadership, the AI Breakthrough Awards program is devoted to honoring excellence in Artificial Intelligence technologies, services, companies and products. The AI Breakthrough Awards provide public recognition for the achievements of AI companies and products in categories including Generative AI, Machine Learning, AI Platforms, Robotics, Business Intelligence, AI Hardware, Computer Vision and more. For more information visit AIBreakthroughAwards.com.

Tech Breakthrough LLC does not endorse any vendor, product or service depicted in our recognition programs, and does not advise technology users to select only those vendors with award designations. Tech Breakthrough LLC recognition consists of the opinions of the Tech Breakthrough LLC organization and should not be construed as statements of fact. Tech Breakthrough LLC disclaims all warranties, expressed or implied, with respect to this recognition program, including any warranties of merchantability or fitness for a particular purpose.

About Untether AI

Untether AI® provides energy-centric AI inference acceleration from the edge to the cloud, supporting any type of neural network model. With its at-memory compute architecture, Untether AI has solved the data movement bottleneck that costs energy and performance in traditional CPUs and GPUs, resulting in high-performance, low-latency neural network inference acceleration without sacrificing accuracy. Untether AI embodies its technology in runAI® and speedAI™ devices, tsunAImi® acceleration cards, and its imAIgine® Software Development Kit. Founded in Toronto in 2018, Untether AI is funded by CPPIB, GM Ventures, Intel Capital, Radical Ventures, and Tracker Capital. More information can be found at www.untether.ai.

All references to Untether AI trademarks are the property of Untether AI.  All other trademarks mentioned herein are the property of their respective owners.

Media Contact for Untether AI:

Michelle Clancy Fuller, Cayenne Global, +1.503.702.4732

Company Contact:

Robert Beachler, Untether AI, +1.650.793.8219