DeePhi Tech is not a new player - it has been working together with Xilinx developing a technology platform, but it appears to be a better idea for Xilinx to buy a Bejing based private company and continue the path to AI together. The bottom line is that Xilinx will be able to offer more complete solutions for its partners in hardware and software.
DeePhi Tech’s neural network pruning technology has been optimized to run on Xilinx FPGAs combining breakthrough performance and promising best-in-class energy efficiency. Xilinx recognizes the potential of DeePhi Tech from the early days and has been a major investor, alongside other prominent international investors, since 2017.
The DeePhi Tech team will continue to operate out of its offices in Beijing. Xilinx will add over 200 employees that Xilinx has in the Greater China Region as China remains a very important market for AI and edge computing as well as FPGA based solutions. China is learning about these new technologies at an extraordinary rate and is coming up with technology that overshadow some of the solutions coming from Silicon Valley or Europe.
The future of most business includes a heavy investment in Artificial Intelligence and Machine Learning as well as intelligent edge computing. Xilinx has technologies including FPGAs that will let customers adapt its hardware to new algorithms, software and frameworks without necessity to change the whole hardware, and only a few companies can do that.
“We are excited to continue our strong partnership with Xilinx and work even more closely to deliver leading machine learning solutions to our customers in China and around the world”, said Song Yao, CEO of DeePhi Tech.
“Xilinx is accompanying DeePhi Tech along its journey to explore the potential of machine learning and is supporting our innovation as one of our early investors. We look forward to continuing our joint efforts with Xilinx to bring our solutions to the next level in performance”, said Yi Shan, CTO of DeePhi Tech.
“We are thrilled to welcome DeePhi Tech to the Xilinx family and look forward to further building our leading engineering capabilities and enabling the adaptable and intelligent world”, said Salil Raje, executive vice president of Software and IP Products Group at Xilinx. “Talent and innovation are core to realizing our vision. Xilinx will continue to invest in DeePhi Tech to advance our shared goal of deploying accelerated machine learning applications in the cloud as well as at the edge.”
The financial terms of the transaction are undisclosed.
