NASA, Boeing Discuss Expanding Starliner Missions 
Japan, U.S. Discuss $19 Billion GlobalFoundries Chip Plant 
Yen Slides After BOJ Rate Hike as Dollar Holds Near Seven-Week High 
Strait of Hormuz Oil Shipments Hit Six-Month High as U.S. Clears Mines 
Nike Earnings at Risk as UBS Cuts Price Target to $42 
Hyundai CEO Warns Chinese Automakers Could Disrupt US Market 
Gold Prices Rise as Oil and Treasury Yields Fall 
Gold Rebounds Above $4,300 Despite Hawkish Fed Rate Hike 
American Airlines Eyes Capacity Cuts as High Fuel Prices Persist 
Volvo Cars Plans 13 New Models by 2030 to Boost Sales 
Asian Currencies Mixed as Dollar Holds Gains After Fed Rate Hike 
Berkshire Hathaway Eyes Bigger Stakes in Japan’s Top Trading Houses 
US Stock Futures Rally as Markets Digest Fed Rate Hike 
European Stocks Rally After Fed Hike, Iran Peace Hopes 
Meta CEO Zuckerberg Backs Independent AI Safety Reviews Over Development Slowdown 
Oil Prices Fall as Saudi Supply Concerns Ease 
Holtec Nuclear Postpones $900 Million U.S. IPO 
Add as a preferred source on Google
LG Electronics announced on Wednesday, May 31, that it has teamed up with a Canada-based AI computing startup called Tenstorrent. They will cooperate to develop next-generation chips that may power the former’s home appliances and automotive products.
Yonhap News Agency reported that the cooperation is expected to improve AI-enhanced features and high-performance computing in the South Korean electronics company’s premium TVs, high-performance semiconductors for vehicles, and other smart products that will be made in the future. The chips will also be used for data center products of Tenstorrents.
To be more specific, LG Electronics and Tenstorrent are working together to build a new generation of RISC-V, AI, and video codec chiplets. Under the agreement, the Toronto-headquartered next-generation computing company will supply artificial intelligence (AI) and RISC-V CPU technology to LG.
Reuters mentioned that initially, the electronics firm will utilize Tenstorrent's AI chip design to make its own chips. Later on, the two companies will work more deeply on other projects.
"It is increasingly important for industry leaders to own their silicon future," Tenstorrent’s chief executive officer, Jim Keller, said in a press release. "LG is a giant in our industry, and this collaboration will strengthen their portfolio of technologies for their future chip solutions, providing greater flexibility to differentiate their products."
LG Electronics’ chief technology officer, Kim Byoung Hoon, also commented, "This collaboration is just a beginning and Tenstorrent's market-leading AI and RISC-V CPU technologies will strengthen SoC competitiveness of LG's future products while our long-time proven video codec technology will help Tenstorrent take control of data center high-performance processor markets."
Kim further added that LG Electronics and Tenstorrent will share technology roadmaps and keep expanding the scope of their collaboration. Tenstorrent is a startup that was only established in 2016. It mainly builds computers for AI, and its CEO previously worked for Apple and AMD. Jim Keller was the lead designer of the AMD K8 microarchitecture and also participated in the designing of Apple A4/A5 processors.
Photo by: LG Newsroom
