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A novel hardware & software platform to revolutionise artificial intelligence at the edgebroad

Axelera Europa · Horizon Europe grant · 2024-03-01–2026-02-28

EC contribution

€2,499,999

Total cost

€3,580,000

Beneficiaries

1
About the data

Source: CORDIS (official EU open data), Horizon Europe. Framework HORIZON · call HORIZON-EIC-2023-ACCELERATOR-01 · scheme HORIZON-EIC-ACC-BF · topic HORIZON-EIC-2023-ACCELERATORCHALLENGES-05. CORDIS record →

Objective

Our solution is a hardware (HW) and software (SW) platform optimized for inference at the edge, which, as a market, is projected to grow exponentially, and to reach €15.52 B in 2025. Our solution will accelerate the latest generation of neural network models for computer vision, natural language processing and generative AI to revolutionize the way we use AI, at a fraction of the costs and power consumption of available solutions. The HW will be available in various form factors for rapid adoption and is highly scalable–from a single device running in an embedded system to multiple instances on cards in an edge datacenter. Our SW tools provide a consistent, powerful and easy-to-use development environment for all of these instances, while driving the adoption of AI through our no-code web composer. We have a strong team led by the CEO who was the Head of Artificial Intelligence at Bitfury and has 20+ years of managerial experience in tech corporations such as Asus and Advantech.

Beneficiaries (1)

OrganisationCountryRoleEC contributionSME
AXELERA AI BV NL coordinator €2,499,999 Yes

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