LG partners with Tenstorrent to enhance AI chip development
11/14/24, 11:24 AM
Location
south koreaIndustry
automotive
manufacturing
Type
partnership
LG Electronics has expanded its partnership with Tenstorrent to focus on the development of artificial intelligence chip capabilities for on-device AI and future mobility applications. The collaboration will involve the development of System-on-Chips (SoCs) and systems aimed at the global market, with the aim of enhancing AI-powered home appliances, smart home solutions, and future mobility capabilities.
Company Info
Location
south korea
Additional Info
The company, which annually sells about 100 million hardware products, doesn’t only manufacture and sell TV devices The company has set up an EV company called Vehicle component Solutions (VS) Company in 2013, which develops infotainment, telematics and Advanced driver-assistance systems (ADAS). The company will release its full earnings report at the end of July. LG Electronics said last week it expects to post 19.9 trillion won ($15.2 billion) for the April – June quarter, the highest revenue in the company’s history.