Category: News

LAS VEGAS, Jan. 12, 2018 /PRNewswire/ — During the world’s largest annual consumer technology show CES 2018, Silicon Valley Technology Innovation and Entrepreneurship Forum (SVIEF) announced the innovation award on Jan 9th night in Las Vegas. AI chip start-up NovuMind wins US-China Cross Border Innovation Award at the Silicon Valley featured Oscar Awards Gala — leaving a flashbulb memory for audiences, investors and tech experts. The CES 2018 US-China Cross-Border Innovation Award Night is organized by SVIEF. Since 2011, SVIEF has been the largest conference that fosters innovation and business partnership between China and the U.S. in Silicon Valley. This year, Silicon Valley AI chip start-up NovuMind brings its first ASIC product NovuTensor to CES 2018. The new chip is designed for artificial neural networks, by using very small (3×3) convolution filters. “Our first AI chip, NovuTensor is published for the first time in Las Vegas at CES 2018. It is the most power- efficient AI chip in the world. With the full stack service, NovuMind can help traditional enterprises have the most powerful AI ability just in two steps — Train once, and then deploy AI to everywhere.” said Dr. Bin Zhou, President of NovuMind China. As an AI chip startup company, NovuMind is dedicated to improving your life through AI by making things think. Through cutting edge, in-house-developed AI technology, NovuMind combines…More DetailsNovuMind wins US-China Cross Border Innovation Award from SVIEF

TRONDHEIM, Norway, Dec. 14, 2017 /PRNewswire/ — Early morning on October 23, the Norwegian Public Roads Administration (NPRA) set up a small AI-powered device on the side of Prinsens Gate in Trondheim, the third biggest city in Norway. For several hours, it reliably counted the number of bicycles on the road: 104 northward and 111 southward. “This will help the NPRA monitor the use of non-motor vehicles and assess the implementation of green transportation policy.” said an NPRA representative. NovuMind AI-powered Bicycle Counter Helps European City Improve Their Green Life. More The AI-powered device, a smart bicycle counter, is the brainchild of NovuMind – an AI start-up from Silicon Valley. Unlike previous measures NPRA has tried, NovuMind’s smart bicycle counter is an example of a new wave of “edge computing” devices, where the AI capability is built into each single device. Benchmarked against humans, it achieved an accuracy of 96.4%, which is better than all previous solutions that the NPRA has tested. “NovuMind is dedicated to improving people’s lives through Artificial Intelligence by making things think.” Ren Wu, founder and CEO of NovuMind said. “Unlike other deep learning technologies that capture images and videos of the traffic and upload them…More DetailsNovuMind Helps European City Improve Their Green Life

In an interview with EE Times, Ren Wu discusses the design considerations for NovuMind’s chips. Read the full article