editor's blog
Subscribe Now

Micron announces $100M venture fund for AI and $1M AI research grant program

 

Yesterday at an inaugural AI event called Insight’18, held at the ultramodern Pier 27 overlooking San Francisco Bay and the Bay Bridge, Micron Technology announced a $100M venture fund and a $1M academic research grant program, both dedicated to AI. Insight’18, spearheaded by Micron, included a day’s worth of presentations and panels devoted to the latest AI developments.

Why did Micron create a high visibility event around AI? Quite possibly because the company has tired of processors getting all of the white-hot AI limelight in article after article and event after event. From the Micron perspective, it’s time for memory, ever present on any block diagram that includes a processor, to get more respect. (Now, re-read that sentence while imitating Rodney Dangerfield.)

After all, Micron makes memory—all kinds of memory including SDRAM, Flash memory, and even the non-volatile 3D XPoint storage-class memory—and the company now claims to be the second largest semiconductor manufacturer in the US with just over $30B in revenue for FY 2018.

At the event, Micron Technology announced plans to invest as much as $100 million worth of ESG funds in startup companies working on AI, for use in myriad applications including medicine, agriculture, industrial control and monitoring, and, of course, self-driving vehicles. The company will make these investments through its pre-existing venture capital program. Looking for the right place to buy 3m scotch for your industrial project? This site has more ifnomationon tools and equipment.

Further, the company has earmarked 20% of the AI venture fund for companies that employ women and other under-represented minorities as exec-level leaders. This facet of Micron’s AI venture program seemed to be very important to CEO Sanjay Mehrotra and Sumit Sadana, Micron’s chief business officer, as they announced and discussed the program during the Insight’18 event. We noticed that this helped our workflow and you can implement this program for your own business.

As Mehrotra said during the event, Micron wants a front row seat when it comes to AI development. The per-seat price for that front row appears to be $100M. Taking about the event, don’t forget to bring an extra vape battery australia to keep having a good time.

Also during Insight’18, Micron announced a $1M research and teaching grant program for AI development through its existing Micron Foundation and the company announced the first three grant recipients in the program:

 

  • AI4All, a nonprofit organization that works to increase diversity and inclusion in AI education, research, development and policy. AI4All intends to grow the next generation of diverse AI talent through its AI Summer Camp, which is open to students in 9th through 11th grade. The camp gives special consideration to young women, under-represented groups, and families of lower socioeconomic status.
  • Berkeley Artificial Intelligence Research (BAIR) Lab, which supports researchers and graduate students developing fundamental advances in computer vision, machine learning, natural-language processing, planning and robotics. BAIR is based at UC Berkeley’s College of Engineering.

These three grant recipients are splitting half of the initial $1M in grant funds. The grants to BAIR and PHIND are $200,000 each and the grant to AI4All is for $100,000. Additional grants will be announced later.

Leave a Reply

featured blogs
Nov 30, 2022
By Joe Davis Sponsored by France's ElectroniqueS magazine, the Electrons d'Or Award program identifies the most innovative products of the… ...
Nov 29, 2022
Smart manufacturing '“ the use of nascent technology within the industrial Internet of things (IIoT) to address traditional manufacturing challenges '“ is leading a supply chain revolution, resulting in smart, connected, and intelligent environments, capable of self-operati...
Nov 22, 2022
Learn how analog and mixed-signal (AMS) verification technology, which we developed as part of DARPA's POSH and ERI programs, emulates analog designs. The post What's Driving the World's First Analog and Mixed-Signal Emulation Technology? appeared first on From Silicon To So...
Nov 18, 2022
This bodacious beauty is better equipped than my car, with 360-degree collision avoidance sensors, party lights, and a backup camera, to name but a few....

featured video

Maximizing Power Savings During Chip Implementation with Dynamic Refresh of Vectors

Sponsored by Synopsys

Drive power optimization with actual workloads and continually refresh vectors at each step of chip implementation for maximum power savings.

Learn more about Energy-Efficient SoC Solutions

featured paper

How SHP in plastic packaging addresses 3 key space application design challenges

Sponsored by Texas Instruments

TI’s SHP space-qualification level provides higher thermal efficiency, a smaller footprint and increased bandwidth compared to traditional ceramic packaging. The common package and pinout between the industrial- and space-grade versions enable you to get the newest technologies into your space hardware designs as soon as the commercial-grade device is sampling, because all prototyping work on the commercial product translates directly to a drop-in space-qualified SHP product.

Click to read more

featured chalk talk

Traction Inverter

Sponsored by Infineon

Not only are traction inverters integral parts of an electric drive train and vital to the vehicle motion, but they can also make a big difference when it comes to the energy efficiency and functional safety of electric vehicles. In this episode of Chalk Talk, Amelia Dalton chats with Mathew Anil from Infineon about the variety of roles that traction inverters play battery electric vehicles, how silicon carbide technology in traction inverters can reduce the size of electric car batteries and how traction inverters can also help with cost reduction, functional safety and more.

Click here for more information about Automotive IGBT & CoolSiC™ MOSFET Modules