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Wave Computing Turbo Boosts "MIPS" with Licensable AI Subsystems, An Expanded Ecosystem & New Product Roadmap

CAMPBELL, Calif., Oct. 31, 2018 -- Wave Computing®, the Silicon Valley start-up that is accelerating artificial intelligence (AI) from the cloud to the edge, today announced its strategy for its AI-enabled MIPS® offering and ecosystem. MIPS is already widely known as an industry-standard technology that has been designed into thousands of products with billions of units shipped worldwide. By expanding its strategy for the MIPS architecture, delivering a new AI-enabled licensing roadmap and a broader 3rd party ecosystem will ensure existing and new MIPS licensees will have leading-edge CPU- and AI-based solutions to enable Wave’s “AI for All” strategic vision.

Initial details of Wave’s strategy for MIPS will be made at this year’s Linley Fall Processor Conference this week. These will include an overview of Wave’s multi-pronged strategy to enable new use cases for AI, an update on Wave’s roadmap for AI systems for the datacenter and on-premise environments, and a preview of Wave’s roadmap for new AI-enabled MIPS-based licensable solutions for next-generation system-on-chips (SoCs) that far surpass alternatives in terms of market and application fit, price/performance value, and overall ease-of-use. Also included will be specifics around Wave’s plans for expanding the MIPS AI ecosystem.

“Wave Computing’s MIPS technology is a key component of the Data Processing Unit we are developing as a fundamental new building block of next generation data centers. We expect Fungible’s solution to be pivotal in powering modern data-centric applications such as AI and analytics,” says, Pradeep Sindhu, CEO of Fungible, Inc.

Processor IP Cores

“We are well underway in executing on our strategy to bring AI to All. This means delivering AI computing systems for datacenter and customer premise applications, licensable solutions for next-generation SoCs and AI application software for end customers in multiple markets. Since acquiring MIPS in June, we have been blown away by the overwhelmingly positive responses by customers and partners. This underscores the tremendous market opportunity for a common, AI-based development environment and associated suite of solutions. We’ve never been more optimistic on the value MIPS offers, and look forward to extending the market share of MIPS-based designs by enabling native AI performance for edge SoCs,” said Derek Meyer, CEO of Wave Computing.

Details to be disclosed at the Linley Fall Processor Conference to include:

About Wave Computing
Wave Computing, Inc. is the Silicon Valley company that is revolutionizing AI with its dataflow-based architecture, systems and solutions. The company’s vision is to “follow the data” and bring deep learning to customers’ data wherever it may be—from the datacenter to the edge of the Cloud. Wave is powering the next generation of AI by combining its dataflow architecture with its MIPS embedded RISC multi-threaded CPU cores and IP. Offering its solutions to customers globally, Wave Computing has been named Frost & Sullivan’s 2018 “Machine Learning Industry Technology Innovation Leader,” and has been recognized by CIO Application Magazine’s as one of the “Top 25 Artificial Intelligence Providers.” Combined with MIPS, Wave now has over 400 granted and pending patents.

Wave Computing Turbo Boosts "MIPS" with Licensable AI Subsystems, An Expanded Ecosystem & New Product Roadmap


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