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Andes Technology partners with Fractile to develop AI inference accelerators
Oct 22, 2024•almost 2 years ago
Contract Type
partnership
San JoseManufacturingDescription
Andes Technology has announced a partnership with Fractile, a company building AI inference accelerators, to incorporate the powerful Andes AX45MPV RISC-V vector processor into their first-generation data center AI inference accelerator. Fractile aims to run frontier AI models two orders of magnitude faster than existing hardware, at a tenfold reduction in cost.
Agreement Insights
Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
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Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months