BrainChip and MYWAI Partner to Deliver Next-Generation Edge AI Solutions
January 16 2024 - 4:30PM
Business Wire
BrainChip Holdings Ltd (ASX: BRN, OTCQX: BRCHF, ADR: BCHPY), the
world’s first commercial producer of ultra-low power, fully
digital, event-based, neuromorphic AI IP, and MYWAI, the leading
AIoT solution provider for Edge intelligence in the European Union
(EU), today announced a strategic partnership to deliver
next-generation Edge AI solutions leveraging neuromorphic
compute.
The solutions will leverage BrainChip’s Akida™, which processes
and learns from sensor data with unparalleled efficiency,
precision, and economy of energy. It incorporates MYWAI’s AIoT
Platform for EaaS (Equipment as a Service), which can stream,
process, and prepare multimodal sensor data (e.g. time series,
audio, vision, touch data) for Edge AI, as well as manage the
Machine Learning Engineering for Production (MLOps) workflows, the
Digital Ledger Technology (DLT) certification of the data and
outcomes, in line with the new EU regulations for trustworthy
AI.
The partnership is expected to accelerate the adoption of Edge
AI in the industrial and robotic sectors and generate significant
value for both companies and their customers. Developing and
delivering robotic solutions for various industries, such as
manufacturing, logistics, energy management and healthcare will be
the focus of this partnership and allows customers to deploy AI at
the very Edge of their equipment, achieving unprecedented
performance, efficiency, and security.
“We believe in helping businesses reach new heights by adding
intelligence to processes and machinery at the very Edge using
Generative AI on the cloud and trustworthy AI at the Edge,” said
Fabrizio Cardinali, CEO of MYWAI. “By integrating BrainChip’s Akida
with our EaaS platform, we can enable our customers to optimize
their processes and machinery with efficient AI, delivering
intelligence where needed, when needed.”
“Working with partners like MYWAI provides us a tangible way to
demonstrate the power of Essential AI together,” said Rob Telson,
Vice President of Ecosystem and Partnerships at BrainChip. “This
collaboration offers customers tremendous value by providing them
with a powerful-and-scalable solution for Industrial and MedTech
applications requiring real-time, low-power and cloud-independent
AI.”
About BrainChip Holdings Ltd (ASX: BRN, OTCQX: BRCHF, ADR:
BCHPY)
BrainChip is the worldwide leader in Edge AI on-chip processing
and learning. The company’s first-to-market, fully digital,
event-based AI processor, AkidaTM, uses neuromorphic principles to
mimic the human brain, analyzing only essential sensor inputs at
the point of acquisition, processing data with unparalleled
efficiency, precision, and economy of energy. Akida uniquely
enables Edge learning local to the chip, independent of the cloud,
dramatically reducing latency while improving privacy and data
security. Akida Neural processor IP, which can be integrated into
SoCs on any process technology, has shown substantial benefits on
today’s workloads and networks, and offers a platform for
developers to create, tune and run their models using standard AI
workflows like Tensorflow/Keras. In enabling effective Edge compute
to be universally deployable across real world applications such as
connected cars, consumer electronics, and industrial IoT, BrainChip
is proving that on-chip AI, close to the sensor, is the future, for
its customers’ products, as well as the planet. Explore the
benefits of Essential AI at www.brainchip.com.
Follow BrainChip on Twitter:
https://www.twitter.com/BrainChip_inc Follow BrainChip on LinkedIn:
https://www.linkedin.com/company/7792006
About MYWAI
MYWAI SRL (www.myw.ai) is a new European start-up with
headquarters in the wonderful Silence Bay of Sestri Levante
(between Cinque Terre and Portofino in the Northwest Italian
Riviera, near France) which during 2020 and 2021, when the
pandemics were hitting hard global supply chains and industrial
set-ups, designed, patented, and developed Europe’s first fully
native AIoT for Equipment as a Service (EaaS)
Platform. The solution helps machine tool builders & and users
to add new intelligent services to their machinery such as
innovative technical functionality (e.g. Predictive
Maintenance and multimodal Quality Inspection), Insurtech
policies (e.g. Pay per Event), and Fintech business models
(e.g. Pay per Use). MYWAI has patented its EaaS Solution blending
advanced Generative and Edge AI solutions, IoT and blockchain and
has applied its technology in world-leading market and RD projects
with partners such as Mitsubishi Electric™ for adding intelligent
services to the company’s robotic fleets, Hitachi Rail to generate
synthetic defects for its smart stations video surveillance systems
and ESAOTE for the group’s biomedical machinery maintenance
services.
Follow MYWAI on LinkedIn:
https://www.linkedin.com/company/mywaisrl Follow MYWAI on YouTube:
https://www.youtube.com/@mywaimarketing
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version on businesswire.com: https://www.businesswire.com/news/home/20240116690673/en/
Media Contact: Mark Smith JPR Communications
818-398-1424
Investor Relations: Tony Dawe Director, Global Investor
Relations tdawe@brainchip.com
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