Micron Introduces Comprehensive AI Development Platform Micron Technology

SAN FRANCISCO, Oct. 24, 2019 (GLOBE NEWSWIRE) -- MICRON INSIGHT -- Micron Technology, Inc. (Nasdaq: MU), today announced a powerful new set of high-performance hardware and software tools for deep learning applications with the acquisition of FWDNXT, a software and hardware startup. When combined with advanced Micron memory, FWDNXT's (pronounced "forward next") artificial intelligence (AI) hardware and software technology enables Micron to explore deep learning solutions required for data analytics, particularly in IoT and edge computing. With this acquisition, Micron is integrating compute, memory, tools and software into a comprehensive AI development platform. This platform in turn provides the key building blocks required to explore innovative memory optimized for AI workloads. "FWDNXT is an architecture designed to create fast-time-to-market edge AI solutions through an extremely easy to use software framework with broad modeling support and flexibility," said Micron Executive Vice President and Chief Business Officer Sumit Sadana.