MIPS got acquired by AI startup Wave Computing

For their part, Wave Computing has stated that they intend to use MIPS technology to expand their machine learning product portfolio. Specifically, the company is looking to branch out from datacenter ML training to ML inference in edge devices, where MIPS’ existing products and their own work into inference products would be a natural counterpart to Wave Computing’s existing technology. Ultimately this would allow Wave Computing to offer a singular top-to-bottom machine learning product portfolio, with common technology ranging from datacenter training to the actual use of machine learning in edge and other end-user devices, giving them a leg up over vendors who can only supply one or the other.