Inspire Semi goes private to boost RISC-V AI chip funding
US RISC-V AI chip designer Inspire Semiconductor Holdings is to de-list from the TSXV Venture Exchange in Toronto today, following a move to go private.
Inspire, based in Austin, Texas, is developing a 12nm AI chip with 1,536 64-bit custom RISC-V CPU cores on a single chip, tightly integrated with high-speed memory and low-latency networking. The Thunderbird RISC-V chip performs at up to 24 TFLOPS, with an energy efficiency of 75 GFLOPS/watt, resulting in a 30-60% reduction in energy consumption.
The board has requested the delisting be effective at the close of trading of December 31, 2024 and InspireSemi expects, subject to the final approval of the TSXV, that the subordinate voting shares of InspireSemi will cease to trade on the TSXV at the close of trading.
InspireSemi says the move will lower administrative costs as a private company and, if required and provide access to additional sources of financing that it found to be unavailable while it was listed. The company feels that its team will now have greater freedom to focus on scaling InspireSemi’s business while retaining the option for listing on a US exchange in the future.
The all-CPU architecture of Thunderbird makes it easier to program and allows it to be applied to all HPC and AI applications, including simulation and modeling applications in automotive, aerospace and cybersecurity.
The tapeout of the design in June 2024 used tools from Cadence Design Systems, with all the signoff engines tightly integrated within the Innovus Implementation System. The foundry-certified Quantus Extraction Solution was used for extraction and Tempus Timing Solution for static timing analysis and final signoff to reduce the signoff closure iterations.
“The overall performance and quality of the Cadence digital full flow served as the linchpin of our successful on-time design closure. Looking ahead, our collaboration with Cadence remains essential to our mission together,” said Tom Fedorko, chief operating officer of InspireSemi.
Stealth startup Vybium developing European RISC-V AI accelerator
www.inspiresemi.com/investors.
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