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  <ul>
    <li>
      <p>
        Axelera AI, a Dutch manufacturer of artificial intelligence (AI) semiconductor chips, announced that it has chosen SECO, a European computer hardware manufacturer, as the sole European developer of edge AI solutions for its Metis AI platform.
      </p>
    </li>
    <li>
      <p>
        The partnership will provide SECO with early access to Axelera AI's technology, for it to develop the design of a development board and a dedicated module in a standard form factor.&nbsp; Axelera plans to leverage SECO's edge computing and edge-to-cloud connectivity technologies to complement its Metis AI processing unit for edge devices.
      </p>
    </li>
    <li>
      <p>
        Additionally, CLEA, SECO&rsquo;s IoT-AI platform, will enable Axelera to transfer AI-processed data to the cloud, facilitate the launch of new business models, and deploy existing AI-based models for faster inference functionalities at the edge. 
      </p>
    </li>
  </ul>
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  </p>
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<div>
  <p>
    <a href="https://www.marketscreener.com/quote/stock/SECO-S-P-A-122374812/news/Seco-selected-by-Axelera-as-accelerator-developer-42745497/">
      Marketscreener
    </a>
  </p>
  <p>
    <a href="https://www.azorobotics.com/News.aspx?newsID=13520">
      Azo robotics
    </a>
  </p>
</div>


Edge Computing

Axelera AI partners with SECO to develop Edge AI solutions

ANALYST_QUICK_TAKE

PROMINENT_CATEGORY

<div>
 
 <p>Blaize, a firm specializing in AI-enabled Edge computing solutions, has teamed up with Vantiq, an Edge application development platform provider, to establish the Blaize AI Orchestration Platform.</p>
 
 <p>The platform amalgamates Blaize's Graph Streaming Processor technology and Vantiq's intelligent software to provide AI-fueled Edge computing solutions. These solutions cater to a variety of industries including smart cities, emergency response, and healthcare.</p>
 
 <p>The primary aim of the platform revolves around enhancing situational awareness, device management, and AI-directed insights. Besides, it also endeavors to boost operational efficiency and cut development time by up to 90%.</p>

</div> <p><b>Analyst QuickTake:<br>
</b> Blaize announced its intention to <a href="https:<br>
//www.datanami.com/this-just-in/blaize-enters-definitive-merger-with-burtech-acquisition-corp-poised-for-nasdaq-listing/"> merge with </a> BurTech Acquisition Corp, a publicly traded special purpose acquisition company (SPAC), in December 2023, followed by filing the registration statement on <a href="https:<br>
//www.businesswire.com/news/home/20240718711880/en/"> Form S-4 </a> in July 2024. The merger values the company at approximately <a href="https:<br>
//www.datanami.com/this-just-in/blaize-enters-definitive-merger-with-burtech-acquisition-corp-poised-for-nasdaq-listing/"> USD 894 million </a> . Additionally, the company <a href="https:<br>
//sp-edge.com/updates/29003"> raised USD 106 million </a> in April 2024 to expedite the development of its AI computing platforms and solutions.</p>

Blaize partners with Vantiq to develop AI-enabled Edge computing platform

<div>
 
 <p>SiMa.ai, a company specializing in system-on-chips (SoC) for Edge computing, has announced the launch of MLSoC Modalix, a new product line designed for multimodal Edge AI applications.</p>
 <p>MLSoC Modalix is designed to run various AI models such as convolutional neural networks (CNNs), transformers, large language models (LLMs), language models with memory (LMMs), and GenAI at the edge. SiMa.ai asserts that this product offers over 10 times the performance per watt in comparison with potential alternatives.</p>
 <p>The chip also integrates SiMa.ai's proprietary Palette software, including a patented compiler for efficient data management.</p>
 
</div> <p><b>Analyst QuickTake:<br>
</b> The release of MLSoC Modalix aligns with SiMa.ai’s focus on enhancing performance for Edge AI. The chip enables end-to-end Gen AI pipelines on a single chip, reducing latency, power consumption, and cloud reliance. This improves real-time performance, enhances data security through local processing, and simplifies AI development by minimizing hardware dependencies.</p>

SiMa.ai launches MLSoC Modalix for multimodal Edge AI

INCUMBENTS_PRESENT

<div>
 <p>Scale Computing, which offers edge computing and hyper-converged solutions, has launched the HC3450FG. This new GPU-enabled appliance is a part of its HC3000 hardware series.</p>
 <p>The HC3450FG is specifically designed for data-intensive applications and AI workloads. It includes integrated NVIDIA L4 GPUs, equipped with 24 GB of advanced memory.</p>
</div>

Scale Computing launches GPU-enabled HC3450FG appliance for AI workloads

<div>
 
 <p>Dell Technologies has teamed up with Red Hat to integrate the Red Hat Enterprise Linux AI (RHEL AI) platform into Dell's PowerEdge servers, bolstering AI development capacity.</p>
 <p>This joint effort is focused on presenting businesses with a streamlined process for AI infrastructure deployment. The initiative allows organizations to expand their IT systems for AI and machine learning tactics using Dell’s PowerEdge servers, which can be implemented in both on-premises and hybrid cloud environments.</p>
 <p>Early access to RHEL AI is currently obtainable at Dell Customer Solution Centers across the globe. It is scheduled that RHEL AI will be fully compatible with Dell’s latest PowerEdge servers by the third quarter of 2024.</p>
 
</div> <p><b>Analyst QuickTake:<br>
</b> Launched in <a href="https:<br>
//sp-edge.com/updates/29181"> May </a> , RHEL AI simplifies AI adoption by combining Red Hat’s Enterprise Linux with open-source AI tools, enabling businesses to run and customize AI applications on existing infrastructure. As noted in our <a href="https:<br>
//sp-edge.com/insights/31489"> Cloud Tech Q2 2024 </a> report, Red Hat’s recent solutions span the entire AI development value chain. Together, IBM and Red Hat are strategically addressing key challenges in the enterprise adoption of GenAI, positioning their offerings to meet the growing demand for AI technologies.</p>

Dell partners with Red Hat to bring RHEL AI to PowerEdge servers

<div>
 
<p>pgEdge, a company specializing in distributed PostgreSQL, raised USD 10 million in a funding round. Participants in this round included Rally Ventures, Sands Capital Ventures, and Grotech Ventures.</p>
<p>The raised funds will be used to extend the company's business reach and further develop its distributed Postgres technology. In addition to this, it is planning to expand the overall operations. </p>
<p>pgEdge was founded in 2022 and it provides distributed PostgreSQL solutions for Edge computing. The unique feature of its multi-active platform is that it permits high availability, low latency, and geographically distributed database operations. Further, it ensures real-time data access and reliability across various locations.</p>
 
</div>

pgEdge raises USD 10 million in funding for operational expansion and product development

<div>
 
 <p>Cologix, a colocation and interconnection services firm, is in partnership with AI cloud service provider, Consensus Core. They have rolled out an NVIDIA-powered GPU as a service in Canada.</p>
 <p>This collaboration enables Consensus Core to present its GPU as a service from Cologix's MTL10 data center situated in Montreal. The service will leverage NVIDIA H100 Tensor Core GPU-accelerated clusters, giving businesses the capacity for high-performance computing for AI workloads.</p>
 
</div> <p><b>Analyst QuickTake:<br>
 </b> This collaboration democratizes access to advanced AI computing power in Canada by offering scalable, on-demand high-performance computing without requiring businesses to invest in infrastructure. This flexibility allows companies of all sizes to harness AI for innovation, driving competitiveness and enabling them to develop and deploy AI-driven solutions quickly and cost-effectively.</p>

Cologix partners with Consensus Core to launch GPU as a service in Canada

<div>

<p>Advantech has joined forces with Canonical to introduce Ubuntu Pro for Devices on its Edge computing platform. The goal of this alliance is to improve security and support, and foster development for Internet of Things (IoT), Artificial Intelligence (AI), and industrial applications. Ubuntu Pro for Devices provides 25,000 security upkeep packages, a decade of support, and effective administration tools such as Landscape.</p>

<p>In addition, Advantech has launched its Power Suite, which includes operating system customization and management tools that supplement the Ubuntu Pro service. </p>

</div> <p><b>Analyst QuickTake:<br>
 </b> Advantech's partnership with Canonical and recent product releases—the <a href="https:<br>
//sp-edge.com/updates/30177"> IR-520 Edge AI server </a> and the <a href="https:<br>
//sp-edge.com/updates/31307"> MIC-733-NEMA </a> Edge AI GPU system—enhances their position in the Edge AI market.</p>

Advantech partners with Canonical to offer Ubuntu Pro for Devices on Edge computing platform

<div>
 
 <p>StorMagic, a provider of edge computing, has received an investment from Palatine Growth Credit Fund. The amount was not disclosed.</p>
 <p>The investment will be used to support the company's growth.</p> 
 <p>Established in 2006, StorMagic offers edge computing solutions, which includes software-defined storage and hyper-converged infrastructure specifically designed for edge environments, enabling businesses to efficiently manage data across diverse locations.</p>
 
</div>

StorMagic secures funding from Palatine Growth Credit Fund

<div>
 <p>SensiML has launched an open-source AutoML software called "Piccolo AI" for creating intelligent sensor algorithms at the edge for free. Piccolo AI allows the development of machine-learning models for sensor data, specifically designed for embedded systems, emphasizing efficient performance and low power consumption. The software comes with comprehensive documentation, guides, tutorials, and API references. A community forum is also included to facilitate interaction, knowledge exchange, and cooperative development.</p>
 <p>The company envisions democratizing AI with Piccolo AI, leading to fast progress in Edge AI technology through joint efforts. The overall objective is to empower developers worldwide to create intelligent Edge solutions. This move comes after the introduction of Data Studio, a platform intended to support AI engineering projects by improving sensor data management.</p>
</div>

SensiML launches open-source initiative Piccolo AI for intelligent Edge solutions

<div>
 
 <p>Code Metal, an organization specializing in optimizing software for Edge computing devices, has successfully raised a total of USD 16.5 million from seed and pre-seed funding. The seed funding round, amounting to USD 13.5 million, was spearheaded by Shield Capital, while J2 Ventures took the lead in the pre-seed funding stage.</p>
 <p>This funding will be directed towards supporting the continuous construction of modular and easily verifiable AI-driven workflows. It will also be used to grow the team.</p>
 <p>Established in 2023, Code Metal is known for its focus on AI-powered development workflows that are particularly designed for Edge devices. The company's expertise contributes to enhancing application efficiency on decentralized networks, a factor that aids technology firms in minimizing latency and boosting data processing right at the source.</p>
 
</div>

All Updates

Axelera AI partners with SECO to develop Edge AI solutions

Blaize partners with Vantiq to develop AI-enabled Edge computing platform

SiMa.ai launches MLSoC Modalix for multimodal Edge AI

Scale Computing launches GPU-enabled HC3450FG appliance for AI workloads

Dell partners with Red Hat to bring RHEL AI to PowerEdge servers

pgEdge raises USD 10 million in funding for operational expansion and product development

Cologix partners with Consensus Core to launch GPU as a service in Canada

Advantech partners with Canonical to offer Ubuntu Pro for Devices on Edge computing platform

StorMagic secures funding from Palatine Growth Credit Fund

SensiML launches open-source initiative Piccolo AI for intelligent Edge solutions

Code Metal raises USD 16.5 million in seed funding for product development and recruitment

Edge Computing

Axelera AI partners with SECO to develop Edge AI solutions

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