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Local Singaporean Start-Up Signs Research Collaboration with One of the Top 10 Artificial Intelligence Companies In the World

SINGAPORE -�Media OutReach�- 17 October, 2018 -�Longway A.I. Technologies Pte Ltd (Singapore) and General
Vision Inc, one of the top 10 Artificial Intelligence companies in
the world1, have signed a research collaboration agreement to
develop Cognitive
SSD, a "2.5" SSD with a configurable neuromorphic search engine that
enables energy efficiency and parallel high-speed sorting through big data using Artificial Intelligence
(A.I.). It will be released in the 2nd to 3rd quarter of 2019 with API
and
SDK.


The Cognitive SSD has been designed to address all these impediments.
It integrates in a 2.5" enclosure a large amount of storage for the user data
and a local search engine. This is made possible thanks to the General Vision's
NeuroMem� neural network technology with digital neurons combining both a learning
and recognition logic and matching patterns in parallel at a very low power
consumption.

The presence of the A.I. engine inside the SSD solves the problem of
data transfer which is dominant in today's solutions, with penalties in speed
and power consumption. A second major advantage is privacy protection as data
does not have to be sent to the cloud or servers to obtain analytics from their
content.

The 2.5" Cognitive SSD is
powered by a bank of NeuroMem� NM500 chips totalling over 8K neurons and
delivering more than 50,000 pattern recognition per second at less than 300 mwatts.

The Cognitive SSD can be configured with neuromorphic search engines targeting
a variety of data types including but not limited to filenames, text documents,
files of genomic sequences, audio files, image and video files, etc. These
search engines can address consumer, industry and enterprise applications. Some
practical examples for the Cognitive SSD:

  • Consumer:
    "Please retrieve all the images of John in the field of view"
  • Industry: "Retrieve
    all defective parts produced within the last 48 hrs showing a scratch"
  • Enterprise: "Build
    an index of records talking about travel plans"

Cognitive SSD stems from the need for an agile and power efficient A.I.
solution to provide the executive insights to Big Data, so that we can make
precise data-driven decisions.

A.I. allows machines to perform human-like
tasks, automate processes, improve productivity and enhance user experience.
Key drivers for
A.I. growth comprise of a
rising significance of Internet of Things (IoT) and the convergence of AI and
IoT to create Intelligent and Smart Innovations. Our state-of-the-art embedded
A.I. solutions is one of the most agile and power-efficient in this rapidly
growing market. IDC forecasts2 that spending on AI and machine
learning will grow from $12B in 2017 to $57.6B by 2021.

"We are onto one of the most exciting technological
breakthrough on green cognitive storage solution for Big Data processing," said
Calvin Ng, CEO Longway A.I. Technologies Pte Ltd.

"General Vision is delighted
to open the "Cognitive Storage Era" with Longway A.I., in the perspective of
bringing soon to the market the first NeuroMem Smart Cognitive SSD" said Guy
Paillet, CEO General Vision Inc.

About
Longway A.I. Technologies Pte Ltd

Longway A.I. Technologies Pte Ltd is Singapore's pioneer low
power edge A.I. embedded solution company. The vision henceforth is to provide
businesses with near market,
Artificial Intelligence
solution
s for edge applications in IoT and Big
Data environments. They are currently working with government institutions in
Singapore and corporations in Asia to promote the use of A.I. solutions in both
smart city and development usage while incorporating A.I. functionalities into
existing solutions.

Name of Company:
Longway A.I. Technologies Pte Ltd

Representative: Calvin Ng, CEO

Email: [email protected]

Address: 11 Beach Road, Crasco Building #03-01 Singapore 189675?

Website: www.longwayai.com

About General Vision Inc

Name of Company:
General Vision Inc

Representative: Guy Paillet, CEO

Address: 1150 Industrial Avenue, Suite #A Petaluma, CA 94952�

Website: ?https://www.general-vision.com

1 Global Neuromorphic Computing Market Analysis (2017-2023) https://www.researchandmarkets.com/research/w52rdg/global?w=5

2 Roundup of Machine Learning Forecast and Market Estimates (2018)

https://www.forbes.com/sites/louiscolumbus/2018/02/18/roundup-of-machine-learning-forecasts-and-market-estimates-2018/#1f01c78e2225

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