Weebit Nano Ltd. ( (AU:WBT) ) has shared an announcement.
Weebit Nano Ltd. and Embedded AI Systems Pte. Ltd. (EMASS) have announced a collaboration to demonstrate the advantages of combining Weebit’s ReRAM technology with EMASS’s ultra-low-power AI SoC for edge AI applications. This partnership aims to enhance energy efficiency and performance in edge computing, with implications for industries such as IoT, healthcare, automotive, and industrial automation. The collaboration is expected to pave the way for a new generation of energy-efficient AI hardware, potentially redefining system performance and scalability for smart devices.
More about Weebit Nano Ltd.
Weebit Nano Ltd. is a leading developer and licensor of advanced semiconductor memory technology, specializing in Resistive RAM (ReRAM) which offers higher performance and lower power solutions for electronic products like AI, IoT devices, smartphones, robotics, autonomous vehicles, and 5G communications. The technology is easily integrated with existing manufacturing processes, making it a cost-effective alternative to traditional flash memory.
YTD Price Performance: -45.83%
Average Trading Volume: 813,903
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$404.2M
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