By ET Bureau - December 15, 2022 1 Mins Read
EnCharge AI Inc. has announced a USD 21.7 million Series A funding round to support the creation of a semiconductor hardware and software stack that, according to the company, can perform 15 times better than its rivals in low-power settings.
Chief Executive Naveen Verma said that the processor is essentially a highly programmable application-specific integrated circuit that uses a novel method of memory management to enable high performance. Charge-based memory, which differs from conventional memory design in that it reads data from the electrical current on a memory plane instead of from individual bit cells, is used by the processor the company is developing.
According to the company, this enables the use of capacitors, which are incredibly precise devices.
The platform covers e entire enterprise technology space- including emerging technologies like RPA, AI, cloud, automation, and the entire gamut of digital transformation tools, strategies and management decisions.
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