TOKYO--(BUSINESS WIRE)--Aug 31, 2018--In July 2018, AI chip development venture, General Vision, Inc.(“GV”), and IoT technology development venture, mtes Neural Networks Co., Ltd.(“mtesNN”), have established a joint venture, RoboSensing, Inc.(“RS”) in Hawaii, U.S.A. In September, 2018, Tokyo branch of RS is expected to be set up within the office of mtesNN. mtesNN and RS will jointly develop AI chip and IoT technology and provide the edge AI solution 1.

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CEO Matthew Kobayashi (Photo: Business Wire)

GV and mtesNN have been developing the neuromorphic AI chip 2 which can be installed in the sensors for IoT solution based upon MOU (Memorandum of Understanding) executed in January 2018. Current AI and IoT solution assume the usage of cloud AI and GPU (Graphics Processing Unit). As IoT is expected to progress at an increasing tempo, there is a concern that the load of cloud system and energy usage to be increased greatly.

RS will install the neuromorphic AI chip which has been jointly developing with GV and mtesNN into sensors. As sensors themselves implement the data processing by edge AI, it will ease the load of cloud system. As sensors with AI chip are connected each other as Robot to Robot (R2R) thru blockchain technology development, RS will aim to develop Cloudless IoT Platform by edge AI.

RS will establish AI academy in Hawaii and Tokyo and train engineers for AI, IoT, and Blockchain technology.

While the existing AI and IoT system in the past, there have been issues of electricity consumption, velocity of information processing, and length of information transmission, RS will aim to dramatically improve these issues in the year of 2020.

*1 edge AI: edge generally means the cutting side of a blade, but the word here indicates the sensors and the devises such as smartphone which lie the opposite side of cloud. *2 neuromorphic AI chip: semiconductor specialized for edge AI which achieved to predominantly little consumption electricity based upon the architecture by resembling human brain

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CONTACT: Inquiries to

mtes Neural Networks Co.,Ltd.

Junji Nakajima, +81-3-6417-0717

info@mte-s.co.jp

KEYWORD: UNITED STATES ASIA PACIFIC NORTH AMERICA CALIFORNIA HAWAII JAPAN

INDUSTRY KEYWORD: TECHNOLOGY HARDWARE INTERNET SOFTWARE OTHER TECHNOLOGY SEMICONDUCTOR MANUFACTURING ENGINEERING OTHER MANUFACTURING

SOURCE: General Vision, Inc.

Copyright Business Wire 2018.

PUB: 08/31/2018 02:00 PM/DISC: 08/31/2018 02:01 PM

http://www.businesswire.com/news/home/20180831005085/en