Everspin Technologies (MRAM) said Thursday that it has been awarded a four-year, $10.5 million contract with a Purdue University-led consortium to use its technology for an energy efficient AI program.
The company said the program will conduct a comprehensive cross-layer exploration of magnetic tunnel junction-based in-memory compute macros for neural accelerators.
Everspin said its MTJs are intended to significantly reduce memory transaction power while reducing latency compared to traditional methods.
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