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US-based chip giant AMD has partnered with the Society for Innovation and Entrepreneurship (SINE), an incubator at IIT Bombay.

 

As part of the partnership, AMD will provide grants to IIT Bombay-incubated startups working on the development of energy-efficient Spiking Neural Network (SNN) chips.

 

Notably, Numelo Technologies was given the first grant for developing SNN chips using ultralow power quantum tunnelling on silicon on insulator (SOI) technology.

IIT Bombay AMD partnership announcement Indian Institute of Technology technology collaboration Research and Development innovation in tech chip manufacturing Semiconductor industry Intel rival AMD partnership academic collaboration Tech Innovation India's tech ecosystem.