Imec and GLOBALFOUNDRIES announced a hardware demonstration of a new artificial intelligence chip. Based on imec's Analog in Memory Computing (AiMC) architecture utilizing GF's 22FDX solution, the new chip is optimized to perform deep neural network calculations on in-memory computing hardware in the analog domain. Achieving record-high energy efficiency up to 2,900 TOPS/W, the accelerator is a key enabler for inference-on-the-edge for low-power devices. Since the early days of the digital computer age, the processor has been separated from the memory. Operations performed using a large amount of data require a similarly large number of data elements to be retrieved from the memory storage.