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MIPS acquired by Wave to create a unified AI platform

While ARM is focusing heavily on artificial intelligence (AI) as a growth driver for its processor IP (see separate item), its former rival MIPS is heading in the same direction after being acquired by an AI start-up, Wave Computing of Campbell, California. Reporters at EETImes discovered that Wave, which has developed a massively parallel dataflow architecture for AI, has acquired MIPS, and aims to harness its technology to expand its applications beyond its current market. For now, it focuses on supporting AI training in data centers, but wants to develop a unified platform that will power inference and analytics as well as training the model, and can be implemented anywhere from data center to edge. It also hopes, in time,…

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