The AI Partner Program, says the company, marks its entry into the global Edge AI chips market, which was valued at $9 billion in 2020, and is projected to reach $59.6 billion by 2030 – an average growth rate of 21.2%. In particular, the company says it will be focused on chips for edge AI, where AI algorithms process locally on hardware devices.
For systems companies, some benefits of the MegaChips AI Partner Program include a dedicated team of engineers that work collaboratively with customers to identify the best ways to implement desired AI functionalities, custom “proof of concept” demonstrations, and optimization strategy in context of a complete system. For IP and ASSP vendors, MegaChips eliminates the need for hiring in-house back-end chip implementation teams.
The company says that it is also announcing its expansion into the U.S. market after extensive success in Japan. MegaChips is now delivering its full-service ASIC solution in the U.S. and offering off-the-shelf access to industry-standard IP components and secure, in-house design services along with full manufacturing support.
“MegaChips is thrilled to offer the most turn-key solution for enterprise companies looking to implement AI technology,” says Douglas Fairbairn, Director of Business Development. “The expansion to the United States is an excellent opportunity for us to bring our edge AI expertise to some of the most innovative technology companies. Be it sensing, voice and image recognition, or other applications, MegaChips is the first and best choice for implementing Edge AI from ideation to silicon.”