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    Home»Data Science»Axelera AI Wins EuroHPC Grant of up to €61.6M for AI Chiplet Development
    Data Science

    Axelera AI Wins EuroHPC Grant of up to €61.6M for AI Chiplet Development

    Team_AIBS NewsBy Team_AIBS NewsMarch 7, 2025No Comments4 Mins Read
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    March 06, 2024 – Eindhoven, Netherlands: AI {hardware} maker Axelera AI has unveiled Titania, which the corporate described as a high-performance, low-power and scalable AI inference chiplet. A part of the EuroHPC Joint Enterprise’s effort to develop a supercomputing ecosystem in Europe, Axelera AI mentioned it’s receiving as much as €61.6 million in funding as a part of EuroHPC JU’s Autonomy of RISC-V for Europe (DARE) Mission.

    This new funding follows the profitable shut of an oversubscribed $68 million Sequence B financing spherical for the corporate, bringing the entire quantity raised to greater than €200 million in three years.

    Based on Axelera AI, the Titania chiplet will construct on Axelera AI’s method to digital in-memory computing structure, which supplies near-linear scalability from the sting to the cloud, in keeping with the corporate.

    As a part of the DARE consortium, Axelera AI will help the EuroHPC JU and its effort to develop a supercomputing ecosystem in Europe. DARE goals to foster the design and improvement of European processors, accelerators, and associated applied sciences for extreme-scale, high-performance, and rising functions.

    “Our Digital In-Reminiscence Computing (D-IMC) expertise leverages a future-proof, scalable multi-AI-core structure, making certain unparalleled adaptability and effectivity. Enhanced with proprietary RISC-V vector extensions, this versatile mixed-precision platform is engineered to excel throughout numerous AI workloads,” defined Evangelos Eleftheriou, CTO and co-founder of Axelera AI. “Uniquely, our structure facilitates scaling from the sting to the cloud, streamlining growth and optimizing efficiency in ways in which conventional cloud-to-edge approaches can not. We’re setting a brand new normal for AI infrastructure, making true scalability a tangible actuality”

    Citing AI market is progress at 28 percent+ CAGR with the overwhelming majority of that growth pushed by inference, the corporate mentioned present issues round efficiency, value, effectivity and sustainability of cloud-based options are intensifying resulting from trade developments. Improvements akin to reasoning fashions (i.e. OpenAI-o1 and DeepSeek R1) require considerably extra inference computing than earlier transformer fashions. Focusing on a deployment date of 2028, Axelera AI mentioned Titania is engineered to deal with these challenges by delivering superior throughput and effectivity for data-intensive AI functions and future zetta-scale HPC facilities at a aggressive value.

    To help this improvement effort, Axelera will develop its analysis and improvement groups within the Netherlands, Italy and Belgium.

    The Titania chiplet-based structure will leverage the D-IMC expertise together with RISC-V capabilities, designed for  AI calls for HPC, enterprise information facilities, robotics, automotive and others, whereas sustaining the effectivity of an edge-oriented structure. The corporate mentioned D-IMC permits for near-linear scalability with out the numerous energy and cooling overhead typical of different options. Moreover, integrating RISC-V expertise with vector extensions permits Axelera AI to quickly innovate in response to evolving buyer wants. A number of Titania chiplets can be packaged in a System-in-Bundle (SiP).

    “This is a vital milestone and validation of our expertise. Since Axelera AI was based in July 2021, we’ve got repeatedly delivered applied sciences to assist prospects sort out the AI trade’s greatest challenges and effectively implement AI capabilities into their merchandise,” mentioned Fabrizio Del Maffeo, Co-Founder and CEO at Axelera AI. “In the present day, we ship a cutting-edge {hardware} and software program platform for accelerating laptop imaginative and prescient on edge gadgets at a fraction of the price and vitality consumption of present options. Titania builds upon this distinctive product suite. We’re grateful to the EuroHPC DARE Mission and the nations concerned for serving to speed up the event of this groundbreaking AI inference expertise for HPC information facilities.”

    The event of Titania seamlessly aligns with Axelera AI’s mission to democratize AI and enhances the corporate’s present product choices. This consists of the Metis AI Platform designed to simplify AI inference acceleration.

    Headquartered within the AI Innovation Middle of the Excessive Tech Campus in Eindhoven, The Netherlands, Axelera AI has R&D workplaces in Belgium, Switzerland, Italy and the UK, with greater than 200 workers throughout three continents.





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