![AMD and IIT-B partner to promote semiconductor start-ups in India AMD and IIT-B partner to promote semiconductor start-ups in India](https://varindia.com/public/storage/news/2024/07/BCVl15iFVJq8NwyTCiBcK6KMi75X26xh5FWmfKcC.webp)
AMD has partnered with Society for Innovation and Entrepreneurship, an incubator at IIT-Bombay, to promote semiconductor start-ups in India. This partnership is part of AMD’s Corporate Social Responsibility initiative.
Under this partnership, AMD will provide grants to IIT-B incubated startups working on the development of energy-efficient Spiking Neural Network (SNN) chips.
The startups have to devise ways to significantly reduce energy consumption utilised by conventional neural networks.
“We aim to deliver a 30x improvement in energy efficiency for AMD processors and accelerators powering HPC and AI training by 2025. This means we are increasing the energy efficiency of compute nodes at a rate that is significantly faster than the aggregate industry-wide improvement made during the last five years,” said Jaya Jagadish, Country Head, of AMD India.
Jagadish highlighted that AMD “continuously works with industry bodies and academia to support initiatives that help drive innovation”.
As India aims to implement a comprehensive semiconductor strategy, it is crucial to nurture, develop, and expand startups in this sector.
“As design cycles are long and cost of entry high in the semiconductor design area, it is SINE’s endeavour to foster and create strong, product-focussed, cutting-edge semiconductor design startups by addressing gaps in the industry,” added Shaji Varghese, CEO, SINE- IIT Bombay.
Numelo Technologies received the first fund for developing SNN chips using ultralow power quantum tunneling on silicon on insulator (SOI) technology.
The partnership prioritises the inclusion of quality education in science, technology, engineering, and mathematics (STEM) and promotes scientific research as a part of its CSR programme.
See What’s Next in Tech With the Fast Forward Newsletter
Tweets From @varindiamag
Nothing to see here - yet
When they Tweet, their Tweets will show up here.