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POET Technologies $PTK.ca $POETF Enters Artificial Intelligence #AI Market with Technology Leader in #Photonic Computing

Posted by AGORACOM-JC at 8:19 AM on Wednesday, January 6th, 2021
  • Entered into development and supply agreements with a technology leader in photonic neural network systems for Artificial Intelligence (AI) applications.
  • Artificial Intelligence, at the cusp of its own revolutionary impact to humanity, is driving an unprecedented demand for computation at the same time that the physics of digital semiconductors, driven by Moore’s law, is reaching its end.
  • Chipset market for AI applications is projected to grow from approximately $18 billion in 2020 to over $65 billion by 2025.

TORONTO, Jan. 06, 2021 — POET Technologies Inc. (“ POET ” or the “ Company ”) (TSX Venture: PTK; OTCQX: POETF), the designer and developer of the POET Optical Interposer and Photonic Integrated Circuits (PICs) for the data center and tele-communication markets, today announced that it has entered into development and supply agreements with a technology leader in photonic neural network systems for Artificial Intelligence (AI) applications.

Artificial Intelligence, at the cusp of its own revolutionary impact to humanity, is driving an unprecedented demand for computation at the same time that the physics of digital semiconductors, driven by Moore’s law, is reaching its end. Transistor scaling is approaching its limits and AI accelerator companies are struggling to keep pace with demands, particularly in “edge” applications that require greater power and cost efficiency. Domain-specific architectures targeted to AI workloads can make up for some of the slowdown in transistor advances but that approach also has its limits.

Read More: https://agoracom.com/ir/POETTechnologies/forums/discussion/topics/752419-poet-technologies-enters-artificial-intelligence-market-with-technology-leader-in-photonic-computing/messages/2296229#message

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