Announcing a partnership with Google to increase Edge AI for IoT, Synaptics Incorporated (SYNA, Financials) shares jumped 8% post the announcment. To provide context-aware computing in consumer, business, and industrial applications, the agreement combines Google's machine learning core with Synaptics' Astra AI-Native processing platform.
For wearables, smart appliances, entertainment systems, and embedded hubs the project maximizes multimodal processing. The cooperation accelerates artificial intelligence research for IoT devices to handle vision, speech, sound, and other input challenges for seamless interaction using Synaptics' low-power silicon and Google's MLIR-compliant ML core.
To enable developers to use neural networks and multimodal capabilities, Synaptics' Astra platform blends scalable AI hardware with open-source APIs. Google's ML core balances this platform with its known power efficiency and multi-level intermediate representation requirements.
With superior embedded computation and multimodal sensing technologies, Synaptics leads Edge AI. To improve digital interactions it provides biometrics, wireless networking, video, and audio processing.
Billy Rutledge, Director of Systems Research at Google Research, emphasized Synaptics' experience in AI hardware and its use of open-source technologies as major reasons in the partnership.
Since the announcement, Synaptics stock lost some of its gains, trading at $80.53 on Friday, down 2.4%.
This article first appeared on GuruFocus.Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.