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Wave Computing Stock
Artificial intelligence chips
About Wave Computing Stock
Wave Computing is a developer of a homegrown chip architecture, which it calls DataFlow, with two innovative features, according to the company: (i) its processors lack the clock mechanism that traditional systems use to regulate their speed (reportedly allowing Wave Computing's chips to reach frequencies as high as 10 gigahertz), and (ii) its chip architecture has eliminated a "host processor" that other AI chips use to coordinate their work. Typically, according to the company, the specialized processing cores tasked with running machine learning algorithms have to constantly communicate with the host processor for instructions. However, Wave Computing's chips reportedly avoid the round trip to reduce latency. In essence, the company has stated that these two features allow users of its chips and systems to complete machine learning tasks much faster than if they used graphics chips.
Wave Computing was founded in 2010 and is headquartered in Campbell, California.
Investors
Oakmont Corporation
Samsung Electronics
Southern Cross Venture Partners
Tallwood Venture Capital
Funding History
December 2009 | $7.4M |
---|---|
May 2012 | $8.3M |
June 2017 | $56.7M |
June 2018 | $86.0M |
Management
Executive Chairman
Dado Banatao
CEO
Art Swift
CFO
Dennis Bencala
President of Wave Computing's MIPS IP Licensing Business
Krishna Raghavan
SVP and CTO
Dr. Chris Nicol
SVP of Worldwide Sales
Dave Doyle
VP of Marketing
Fadi Azhari
VP and Chief Data Scientist
Dr. Jin Kim
Chief People Officer
Mike Schroeder
Press
finsmes - Nov, 30 2018
insightssuccess - Jul, 3 2018
electronicdesign - Jun, 28 2018
wavecomp - Jun, 26 2018
blogs - Jun, 19 2018
Forbes - Jun, 15 2018
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Some data provided by Crunchbase