We are pleased to announce that we've closed our Series A to accelerate next-generation AI computing, building upon our commercial ecosystem and proven silicon.
The round brings together an international group of investors from Europe, USA, and Asia. It was led by ICM HPQC Fund and joined by @LockheedMartin, @GlobalFoundries, @GSFutures, Cloudberry Ventures, TGFS Technologiegründerfonds Sachsen, EIC - European Innovation Council Fund, TISI Inc., @TarongaGroup , @Banyan_Ventures, Silicon Roundabout Ventures, SilverPeak , HELANTIC, Silicon Catalyst Ventures, and Silicon Catalyst Angels.
The financing also includes angel investments from @RichardSocher, @nancycxu , Jan Goetz, Benno Jering, Quirin Herz, and continued support from Atlantic.
Press release: https://t.co/lYy43sR3l3
#Germnay's @SparxityAI, an innovator in sparse-native computing, today announced the close of its #SeriesA bringing cumulative funding to €80 million – as well as rebranding away from their former identity; #SpiNNcloud 🇩🇪 🌟
https://t.co/Fubk9qbQWR
Sparxity computing chips for Telekom data centers.
Yesterday at the Digital-Gipfel in Berlin, we signed a partnership with T-Systems (@tsystemscom), part of Deutsche Telekom (@deutschetelekom). Sparxity systems are expected to run in Telekom and T-Systems data centers, beginning with reference deployments and scaling up to data-center-scale deployments for AI inference.
Dr. Ferri Abolhassan, CEO of T-Systems: “Together, we can operate AI computing systems in a much more energy-efficient way.”
Sparsity means skipping the computation that doesn’t matter, so compute, memory and energy go where it counts.
This collaboration would bring European chips to an unprecedented datacenter-scale.
A major milestone for us: JUBIS, a sparse-native system built by Sparxity, is now deployed at the Jülich Supercomputing Centre (JSC), home to Europe’s exascale supercomputer.
This multi-million-euro installation marks another step in bringing our computing architecture into some of the world’s leading HPC facilities.
And with this milestone, we’re opening a new chapter: SpiNNcloud is now Sparxity.
Sparxity reflects our growing ambition in sparse computing, from HPC workloads to the next generation of AI inference.
We’ve come a long way since our first chip, and we’re just getting started.
Read more:
https://t.co/huXXWsJUsS
Sparxity
A new world of compute.