Carnegie Mellon
Assembly Line
Chip startup Efficient Computer raises $16 million led by Eclipse
Chip startup Efficient Computer said on Thursday it had raised $16 million in a seed funding round led by Silicon Valley venture capital firm Eclipse to help fund work on its low-power chip designs. Pittsburgh-based Efficient developed a new design, or architecture, for its chips that focuses on producing processors that use the least possible amount of energy. Called Fabric, the architecture was developed by Efficient’s founding team over seven years at Carnegie Mellon University.
Efficient has built a test chip called Monza and plans to use the funding help with research and development, and go-to-market to begin to sell chips. The company will market the chips to customers in industries such as health devices, civil infrastructure monitoring, satellites, defense and security. Devices running on chips that use a tiny amount of power will last longer in the field without the need for replacement power.
Closed-loop fully-automated frameworks for accelerating materials discovery
Our work shows that a fully-automated closed-loop framework driven by sequential learning can accelerate the discovery of materials by up to 10-25x (or a reduction in design time by 90-95%) when compared to traditional approaches. We show that such closed-loop frameworks can lead to enormous improvement in researcher productivity in addition to reducing overall project costs. Overall, these findings present a clear value proposition for investing in closed-loop frameworks and sequential learning in materials discovery and design enterprises.