SpinEdge

SpinEdge

New EU-funded project applies spintronics to the field of artificial intelligence

A new project called MultiSpin.AI was launched in February 2024 and will go on for a period of three years. The project has secured funding totaling more than three million euros from the EIC Pathfinder funding program.

MultiSpin.AI proposes to apply spintronics to the field of artificial intelligence. Processing units will be developed for electrical circuits based on magnetic tunnel junctions. This is a quantum phenomenon that allows electrons to behave in ways not foreseen in classical physics, being able to cross obstacles that, under ‘usual’ conditions, they would not have enough energy to overcome.

Read the full story Posted: Mar 14,2024

SpinEdge Ltd. is an Israeli company, founded in 2022. The Company’s team consists of experts in spintronics, AI, advanced nanomanufacturing and high-tech business.

SpinEdge is aiming to revolutionize AI inference and Edge computing performance using spintronic technology – nanoelectronics based on the electrons’ spin (an intrinsic quantum property), developing an analog Spintronic-based AI accelerator for inference acceleration. SpinEdge's accelerator achieves x10 improvement in TOPS (Tera operations per second), and at least x50 in TOPS/W energy efficiency against today’s most advanced GPUs and AI accelerators.

The technology is especially beneficial for edge devices, having restrictions on power consumption, but still requiring strong data processing capabilities (like smart cameras, drones, autonomous cars, biochips, etc).

The SpinEdge spintech analog AI accelerator will be sold as a chiplet and is meant to be integrated with any existing processor, GPU, or AI chip, offering the ability to upgrade and perform complex AI calculations and analysis at a fraction of the cost and the power, and at a much higher speed.