Analytics Insight: TOP 10 NEUROMORPHIC COMPUTING STARTUPS TO KEEP AN EYE ON IN 2021
via Analytics Insight
Neuromorphic computing start-ups are developing innovative solutions for neuromorphic engineering
Researchers and companies are running a race to create technology that is identical to humans and their neural systems. The concept of neuromorphic computing emulating the neural structure of the human brain emerged from endless efforts. While the first generation of AI was rule-based and imitated classical logic to draw reasoned conclusions without a specific, narrowly defined problem domain, the current generation is moving to a more sophisticated form of human cognition with neuromorphic technology. Neuromorphic engineering concerns mechanisms that could fit compactly in a small space, unlike most supercomputers, which fill rooms. The neuromorphic computing market is valued at US$22,743 thousand in 2021 and is anticipated to reach US$550,593 thousand by 2026 with a CAGR of 89.1% during the forecast period. As the importance of neuromorphic technology is brought to light, more start-ups are jumping into the less explored space to try their technological supremacy. Analytics Insight has listed the top 10 neuromorphic computing start-ups that are developing innovative solutions for neuromorphic engineering.