3E8 Inc. Receives SDTC Funding for AI Photonic Computing
3E8 Inc. Receives SDTC Funding to Support Sustainable AI Photonics Computing Roadmap
—CEO, Mike McAuliffe
MONTREAL, QUEBEC, CANADA, April 27, 2022 /EINPresswire.com/ — 3E8 Inc, a pioneer in photonic AI compute silicon, is pleased to announce that it has secured funding from Sustainable Development Technology Canada (SDTC ) to support its mission to develop the next generation of sustainable computing AI.
“3E8’s silicon and system products have the potential to take the power of AI even further, and do it in a more energy-efficient way,” said Leah Lawrence, President and CEO. from SDTC. “SDTC is proud to support these promising entrepreneurs as they tap into this high-growth sector.
3E8 develops photonic AI accelerators to deliver sustained order-of-magnitude advances in AI computational speed and efficiency. 3E8’s platform uses light (photonics) rather than electronics to perform AI calculations and chip communication. AI computing is very energy intensive with the carbon footprint to form a model exceeding the lifetime emissions of five automobiles. Demand for AI computing is growing exponentially, creating a real climate challenge, but the 3E8 roadmap could help reduce AI energy consumption and associated carbon footprint by up to 50%.
“We are thrilled that SDTC has recognized the progress and potential of 3E8 to help develop a new sustainable AI computing paradigm – harnessing light for breakthrough AI computational efficiency,” commented CEO Mike McAuliffe, “and we appreciate their support to help build the next generation. of Canada’s leading cleantech companies globally.
3E8 is driving its technology development roadmap in partnership with leading research institutions such as George Washington University and McGill University. 3E8’s platform has the potential to break the “digital efficiency wall” facing digital chips due to the sunset of Moore’s Law – with a track to deliver up to 1000 times the speed and l effectiveness of what is projected from the latest digital AI chips.
3E8 Inc. is an early-stage company developing silicon and light-speed photonic AI systems. It is based in Montreal and backed by TandemLaunch, Canada’s leading deeptech startup foundry. It is developing a photonic AI accelerator roadmap to fulfill its mission – Seeking 1000X Advances for a Sustainable AI Computing Future. To learn more, visit www.3E8.co.
About Sustainable Development Technology Canada
At SDTC, we support companies trying to do extraordinary things. From seed funding to educational support and peer learning to market integration, we’re invested in helping our small and medium-sized businesses grow into successful businesses that employ Canadians coast-to-coast. . We relentlessly strive to help our businesses grow and evolve in an increasingly competitive marketplace. The innovations we fund help solve some of the world’s most pressing environmental challenges: climate change, regeneration through the circular economy, and the well-being of humans in the communities they live in and the natural environment with which they live. they interact. To learn more, visit www.sdtc.ca.
Media contact: Mohamed.Fouda@3E8.co
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