Microchip Technology Acquires Neuronix AI Labs

Microchip Technology has acquired Neuronix AI Labs to expand its capabilities for power-efficient, AI-enabled edge solutions deployed on field programmable gate arrays (FPGAs). Microchip’s mid-range PolarFire FPGAs and SoCs already lead the industry in terms of low power consumption, reliability and security capabilities. The acquisition of this technology will enable Microchip to develop cost-effective, large-scale edge deployments for use in applications on systems that have cost, size and power constraints and enable a multifold increase in AI/ML processing horsepower on low and mid-range FPGAs.

CEVA announced its enhanced NeuPro-M NPU family, directly addressing the processing needs of the next era of Generative AI with industry-leading performance and power efficiency for any AI inferencing workload, from cloud to the edge. The new NeuPro-M processor family delivers an industry leading 350 TOPS/Watt to bring the power of generative AI to any application, including for consumer and mobile markets, with exceptional cost and power efficiency.