Skip to content
Stock Focus Report

Stock Focus Report

Primary Menu
  • Home
  • Business
  • Economy
  • Domestic
  • Money
  • Politics
  • Top News
  • Newsletters
  • Home
  • 2024
  • October
  • 28
  • Startup Untether launches AI chips
  • Business

Startup Untether launches AI chips

Stock Focus Report October 28, 2024

By Max A. Cherney

SAN FRANCISCO (Reuters) – Startup Untether launched an artificial intelligence chip on Monday that aims to power AI applications in cars, agricultural devices and other edge-case scenarios, the company said.

The flagship AI chips made by Nvidia and Advanced Micro Devices are designed to run inside of data centers tied together with thousands or tens of thousands of others. Such installations require large amounts of energy and additional equipment and are often geared toward building, or training, large language models that power applications like ChatGPT.

Toronto-based Untether said its chips are designed to run the AI applications once a model is already built and can do so at a greater level of efficiency.

The market for chips that only run AI applications, also called “inference,” will dwarf the market for training by 2027, Untether’s vice president of product, Bob Beachler, told Reuters in an interview. The company expects the inference market to grow to $102 billion by 2027.

“Where that inference is going to be deployed is everywhere,” Beachler said.

Untether’s chip, called the 240 Slim, offers substantial performance but with significantly less energy, and is suited for use inside autonomous vehicles, autonomous agricultural equipment and in some data centers.

Mercedes-Benz has said it is working with Untether on its next-generation autonomous vehicles.

The chips made by Untether were developed around the open-source RISC-V tech. RISC-V technology competes with designs made by Arm Holdings.

In a recent peer-reviewed benchmark from nonprofit MLCommons, Untether’s chips performed well in tests for the applications the hardware is designed for. 

(Reporting by Max A. Cherney in San Francisco; Editing by Leslie Adler)

Continue Reading

Previous: Trump Media surges 20% in final stretch of White House race
Next: Fed seen on track for quarter-point rate cuts in Nov, Dec

Related Stories

2025-05-28T145019Z_1_LYNXNPEL4R0T2_RTROPTP_4_UBS-GROUP-FOREX
  • Business

Cantor Fitzgerald to acquire UBS hedge fund unit, expanding alternative assets

Stock Focus Report May 28, 2025
2025-05-27T162116Z_1_LYNXNPEL4Q0TG_RTROPTP_4_CANADA-RETAIL-HUDSONS-BAY
  • Business

Canada’s Hudson’s Bay retail chain to terminate more than 8,300 workers by Sunday

Stock Focus Report May 27, 2025
2025-05-27T161542Z_2_LYNXNPEL4Q0SO_RTROPTP_4_SNOWFLAKE-IPO
  • Business

Olympics-LA28 brings on Snowflake as data collaboration provider

Stock Focus Report May 27, 2025

Recent Posts

  • Musk criticizes Trump tax bill: can’t be both big and beautiful
  • Cantor Fitzgerald to acquire UBS hedge fund unit, expanding alternative assets
  • US to issue visa bans for foreign nationals who ‘censor’ Americans, Rubio says
  • Musk criticizes Trump tax bill: can’t be both big and beautiful
  • US senator calls for AI competition in Pentagon contracting

Categories

  • Business
  • Domestic
  • Economy
  • Money
  • Newsletters
  • Politics
  • Top News
  • Uncategorized

You may have missed

  • Newsletters

Musk criticizes Trump tax bill: can’t be both big and beautiful

Stock Focus Report May 28, 2025
2025-05-28T145019Z_1_LYNXNPEL4R0T2_RTROPTP_4_UBS-GROUP-FOREX
  • Business

Cantor Fitzgerald to acquire UBS hedge fund unit, expanding alternative assets

Stock Focus Report May 28, 2025
2025-05-28T154023Z_2_LYNXNPEL4R0VL_RTROPTP_4_USA-DIPLOMACY-RUBIO

US to issue visa bans for foreign nationals who ‘censor’ Americans, Rubio says

Stock Focus Report May 28, 2025
2025-05-28T143911Z_1_LYNXNPEL4R0SP_RTROPTP_4_USA-CONGRESS-TAX-MUSK

Musk criticizes Trump tax bill: can’t be both big and beautiful

Stock Focus Report May 28, 2025
  • Home
  • Privacy Policy
  • Terms of Service/Use Agreement
  • Disclaimer
  • Contact Us
Copyright © All rights reserved. | MoreNews by AF themes.