Intel announced this week an initial list of corporate members – Accenture, Airbus, GE and Hitachi – to join the fast-growing Intel Neuromorphic Research Community (INRC). Launched in 2018, the INRC is dedicated to developing and accelerating the capabilities of neuromorphic computing across commercial and academic environments.
The community now comprises more than 75 groups from 17 countries, which is a three-times increase since last year, spanning universities around the world, government labs, neuromorphic startup companies, and now Fortune Global 500 members.
“Our collaborators around the world have made great progress on pioneering the basic tools, algorithms and methods needed to make Intel’s neuromorphic technology useful,” said Mike Davies, director of Intel’s Neuromorphic Computing Lab. “We are now encouraging commercially oriented groups to join the community, and we are thrilled to welcome our first large corporate members to help push the technology forward. These groups bring important perspectives, ideas and challenges that can help advance the research from lab bench to real-world applications.”
While neuromorphic computing is still in its infancy, the technology is gaining momentum, driven forward by companies large and small around the globe. If all technical challenges are solved in the next few years, analysts forecast the neuromorphic computing market could rise from $69 million in 2024 to $5 billion in 2029 – and $21.3 billion in 2034.
Intel created the INRC – bringing together researchers from academia, industry and government – to collaboratively tackle the challenges facing the field of neuromorphic computing. The addition of the first Fortune Global 500 members reflects a growing commercial interest in the technology, as well as the advancing maturity of the field for solving artificial intelligence (AI) problems that are not well suited to conventional deep learning methods.
By mimicking the adaptive behavior of natural neural networks, neuromorphic technology promises to provide great gains in computing performance and energy efficiency for demanding applications, ranging from robotics to smart manufacturing to brain-computer interfaces.
Accenture, Airbus, GE and Hitachi are joining forces with Intel and other INRC members to create proof-of-concept applications that will bring the most value to their businesses. Intel will leverage the insights that come from this customer-centric research to inform the designs of future processors and systems. These engagements will ensure Intel remains strategically positioned at the forefront of neuromorphic technology commercialization.
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