EdgeQ has announced its launch from stealth with $51 million in total funding, including $38.5 million in a Series A round, to address the untapped 5G infrastructure market as the first company to converge 5G connectivity and AI compute onto a system-on-a-chip (SoC).
By unifying 5G and AI at the nearest focal point of data at the edge, says the company, it will allow enterprises in manufacturing, construction, energy, automotive, warehousing, surveillance, telco and other verticals to harness private networking for disruptive applications, intelligent services, and new business models. The company's converged 5G and AI silicon platform is open and software programmable for both devices and edge infrastructure.
By introducing open programmability to the baseband, says the company, it provides a new software-driven development model for OEMs and operators that can support existing cellular protocols, such as 4G, 5G and beyond.
“We are rapidly evolving from a smartphone economy to a constellation of intelligent edge devices," says said Vinay Ravuri, CEO and founder of EdgeQ. "This will cause massive disruption to the current paradigm, where existing fixed-function approaches are inadequate to meet the scale, speed, and breadth of new end connections. By building 5G and AI hardware in a newly imaginative, software-friendly manner, we empower and inspire customers with an open and programmable platform that is adaptable, configurable, and economical for 5G-based applications.”
To execute this vision, the company has assembled a team of semiconductor, 5G, Wi-Fi, and AI industry veterans with decades of leadership experience from Qualcomm, Intel, and Broadcom. Collectively, says the company, its leadership team has successfully delivered decades of cellular modem technology that powers much of today’s cellular handset and infrastructure market, as well as up-and-coming AI acceleration for data centers.