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Weebit is an exciting venture that is leading the way into the future of computer memory storage, and plans to become the new industry standard in this space.
rcFebruary 20, 2021 Silicon Oxide (SiOx) ReRAM Technology Market
The Global Silicon Oxide (SiOx) ReRAM Technology Market is anticipated to grow US$ 79.88 Mn at a massive CAGR of +23% for the term of 2020-28.
ReRAM has also been watch for AI applications by several research organizations. A research organization developed a hardware design that uses Weebit’s ReRAM to combine the efficiency of convolutional neural networks (CNNs) with the plasticity of brain-inspired spiking neural networks (SNN) to enable the hardware to learn new things without forgetting trained tasks of previously acquired information. In addition, the system enhance its operative frequency for power saving, enabling feasible solutions for lifelong learning in autonomous AI systems.
Why the Weebit Nano (ASX:WBT) share price surged 12% today
Aaron Teboneras | December 21, 2020 4:07pm |
More on: Image source: Getty Images
Weebit Nano Ltd(ASX: WBT) shares were on the rise today. This came after the company announced it will file two new patents with its strategic partner, Leti. By the market’s close, the Weebit Nano share price was up 11.54% to $2.03. In comparison, the
Quick take on Weebit Nano
Weebit Nano develops next generation computer memory technology. The company addresses the growing need for data storage and embedded non-volatile memory (NVM) technology with its new, resistive random-access-memory (ReRAM) technology.
According to the company, “Weebit Nano’s technology enables a quantum leap, allowing semiconductor memory elements to be significantly cheaper, faster, more reliable and more energy efficient than the existing Flash technology”.