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“Synaptics Partners with Google to Enhance Edge AI Innovations for IoT Technologies”

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Synaptics Teams with Google to Revolutionize Edge AI for IoT Devices

Synaptics collaborates with Google to enhance Edge AI for IoT, integrating multimodal processing for smarter applications.

Overview of the Partnership

Synaptics Incorporated has entered into an exciting collaboration with Google aimed at improving Edge AI for the Internet of Things (IoT). This partnership focuses on implementing multimodal processing, which enhances context-aware computing. By merging Google’s MLIR-compliant machine learning core with Synaptics’ Astra hardware and open-source tools, they seek to develop AI devices that can effectively process various sensory inputs, including vision and sound. This progress could improve user interactivity in devices like wearables and home appliances. Synaptics’ Astra platform is set to provide low-power AI computing solutions specifically designed for the Edge IoT market. Both companies emphasize the significance of open frameworks to foster innovation and engage users in connected devices.

Opportunities from the Collaboration

  • The partnership with Google positions Synaptics advantageously within the growing IoT market, harnessing Google’s machine learning expertise.
  • Combining Google’s ML core with Synaptics’ Astra hardware reflects a strong commitment to innovation in AI and context-aware computing.
  • This collaboration is likely to expedite the creation of AI devices across various applications, enhancing user engagement and interaction.
  • Synaptics’ emphasis on open-source software suggests a strategic direction for developing flexible, scalable tech solutions in the future.

Challenges Ahead

  • Working closely with Google might create concerns about Synaptics’ dependence on a significant partner for future advancements, potentially limiting independent innovation.
  • The press release lacks specific financial projections or anticipated outcomes, leaving investors uncertain regarding Synaptics’ growth trajectory.
  • This announcement could lead to intensified competition in the Edge AI sector, as rival companies could quickly adopt similar technologies from major players like Google.

Frequently Asked Questions

What is the focus of the Synaptics and Google partnership?

The focus is on advancing Edge AI for IoT, especially through multimodal processing that enhances context-aware computing.

How will this partnership benefit IoT devices?

The collaboration aims to accelerate the development of AI devices that integrate vision, voice, and sound for improved interactivity.

What technology is used in the Synaptics Astra platform?

The Astra platform utilizes low-power compute silicon alongside open-source software and connectivity solutions for AI-focused computing.

What role does Google play in this collaboration?

Google supplies a highly efficient, MLIR-compliant machine learning core, enhancing the capabilities of Synaptics’ AI hardware.

Why is open-source software significant for this partnership?

Open-source software is crucial for flexible development, which is essential for meeting the demands of Edge AI devices.

Disclaimer: This summary is based on a press release distributed by GlobeNewswire. For more details, see the full release.

Insider Trading Activity for $SYNA

Insiders at $SYNA have engaged in trading activity on the open market six times in the past six months. Notably, there were no purchases and six sales.

Here’s a summary of the recent insider trading for $SYNA stock:

  • VIKRAM GUPTA has traded 6 times, with 0 purchases and 6 sales, totaling 6,843 shares sold.

To track insider transactions, visit Quiver Quantitative’s insider trading dashboard.

Hedge Fund Activity for $SYNA

Recently, 128 institutional investors have increased their stakes in $SYNA, while 132 have reduced their positions in the latest quarter.

Here are some notable recent changes:

  • BLACKROCK, INC. added 1,225,705 shares (+25.9%) in Q3 2024.
  • FMR LLC decreased holdings by 828,750 shares (-30.7%) in Q3 2024.
  • POINT72 ASSET MANAGEMENT, L.P. sold 611,886 shares (-75.1%) in Q3 2024.
  • WELLINGTON MANAGEMENT GROUP LLP reduced positions by 451,434 shares (-49.5%) in Q3 2024.
  • MANUFACTURERS LIFE INSURANCE COMPANY decreased holdings by 399,928 shares (-88.5%) in Q3 2024.
  • INVESCO LTD. reduced shares by 351,114 (-81.2%) in Q3 2024.
  • VANGUARD GROUP INC increased shares by 321,187 (+7.1%) in Q3 2024.

For up-to-date information about hedge fund activities, check out Quiver Quantitative’s institutional holdings dashboard.

Full Press Release

SAN JOSE, Calif., Jan. 02, 2025 (GLOBE NEWSWIRE) — Synaptics

®

Incorporated (Nasdaq:

SYNA

) today revealed its collaboration with Google focusing on Edge AI for the IoT. The goal is to define optimal implementations of multimodal processing for context-aware computing. This partnership will integrate Google’s MLIR-compliant ML core with Synaptics Astra

™ hardware and open-source tools, fostering the development of AI devices for the IoT. These devices will support various sensory processes such as vision, image, voice, and sound for enhanced interactivity in wearables, appliances, and more.

The Synaptics Astra AI-Native compute platform integrates scalable, low-power silicon with user-friendly open-source software and robust wireless connectivity. This platform builds on Synaptics’ expertise in neural networks, reliable AI hardware, and compiler design to support a broad range of modalities. Google’s ML core stands as an efficient open-source ML core compliant with multi-level intermediate representation (MLIR) standards.

“We are entering an era of transformation in Edge AI devices, where innovations in hardware and software create context-aware computing experiences that redefine user engagement,” said Vikram Gupta, Senior Vice President and General Manager of IoT Processors at Synaptics. “This collaboration with Google showcases our shared vision of leveraging open frameworks to drive disruption in the Edge IoT sector.”

“Synaptics’ commitment to open-source tools and proven AI hardware aligns perfectly with our ML core as we aim to meet the specific power, performance, cost, and space requirements of Edge AI devices,” remarked Billy Rutledge, Director of Systems Research at Google Research. “We look forward to collaborating to bring our capabilities to a broader market.”


Synaptics and the Synaptics logo are trademarks of Synaptics in the United States and/or other countries.


All other marks are the property of their respective owners.


About Synaptics Incorporated

Synaptics (Nasdaq:

SYNA

) is a leader in AI at the Edge, bringing technology closer to users and reshaping interaction with intelligent connected devices, whether at home, work, or on the go. The company partners with innovative product developers to create cutting-edge solutions through Synaptics Astra™ AI-Native compute, Veros™ wireless technology, and multimodal sensing systems. Their goal is to make digital experiences smarter, faster, and more intuitive. Synaptics powers technologies from touch and display to audio, speech, and security processing, aiming to enhance everyday interactions.

To connect with Synaptics, find them on

LinkedIn

,

X

, and

Facebook

, or visit

www.synaptics.com

.


Synaptics and the Synaptics logo are trademarks of Synaptics in the United States and/or other countries.


All other marks are the property of their respective owners.


Investor Relations

Munjal Shah

Synaptics

+1-408-518-7639

munjal.shah@synaptics.com


Media Contact

Synaptics Incorporated

Patrick Mannion

Director of External PR and Technical Communications

+1 631-678-1015

patrick.mannion@synaptics.com

This article was originally published on Quiver News; read the full story.

The views and opinions expressed herein are those of the author and do not necessarily reflect the views of Nasdaq, Inc.

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