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2 Min Read OAKLAND, Calif. (Reuters) - Artificial intelligence chip designer Wave Computing Inc said on Monday it has emerged from Chapter 11 bankruptcy protection following an auction of the company and will rebrand the firm as MIPS. The company traces its origins back to MIPS Computer Systems Inc, cofounded more than 35 years ago by Stanford University professor John Hennessy, who is now chairman of Alphabet Inc. MIPS was the commercial home of an earlier academic effort to create an architecture for computer processors that remain in wide use today by firms such as Intel Corp’s Mobileye ...

MIPS out of bankruptcy MIPS is now developing an 8th generation architecture, based on RISC-V. MIPS has suffered a chequered history since being bought by Imagination in 2013. In 2017, China-backed Canyon Bridge bought Imagination and the US government insisted that MIPS must not go with Imagination to Canyon Bridge so MIPS was sold to Diosdado Banatao who made his first fortunes at Chips and Technologies and S3. Banatao, by then a VC having founded Tallwood Venture Capital, switched the ownership of MIPS between various of his family-owned companies before selling it to Wave Computing, in wh...

This is a part about ASICs from the “Hardware for Deep Learning” series. The content of the series is here. As of beginning 2021, ASICs now is the only real alternative to GPUs for 1) deep learning…

Just Like Real Life, the Little Guys Do All the Work by Jim Turley “The sad thing about artificial intelligence is that it lacks artifice and therefore intelligence.” – Jean Baudrillard It’s turtles all the way down. That’s the takeaway from a deep dive into Esperanto’s upcoming AI chip, melodically named ET-SoC-1. It’s organized as layer upon layer of processor cores, memory blocks, and mesh networks as far as the eye can see. This thing scales better than a tuna.  Esperanto Technologies has been designing its ET-SoC-1 for a few years now, and the company h...

Wave Computing and MIPS Technologies Reach Agreement to Exit Bankruptcy Company expects to exit bankruptcy in January 2021 pending creditor and court approval of Tallwood-led reorganization plan News provided by Share this article Share this article SANTA CLARA, Calif., Dec. 28, 2020 /PRNewswire/ -- Wave Computing, Inc. ("Wave" or "the Company"), the processor technology company focused on the commercialization of RISC processor architectures and IP cores, and its subsidiaries including MIPS Tech, today announced that the Company has reached an agreement with its secured lender Tallwood Tech...