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FuriosaAI Unveils RNGD, A Leading AI Inference Chip

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FuriosaAI Unveils RNGD, A Leading AI Inference Chip
Business

Business

FuriosaAI Unveils RNGD, A Leading AI Inference Chip

2024-08-27 00:30 Last Updated At:00:45

SANTA CLARA, Calif., Aug. 27, 2024 /PRNewswire/ -- FuriosaAI, an emerging leader in the AI semiconductor space, today announced the unveiling of RNGD (pronounced "Renegade"), a leading AI accelerator, at Hot Chips 2024. RNGD is positioned to be the most efficient data center accelerator for high-performance large language model (LLM) and multimodal model inference, disrupting an AI hardware landscape long defined by legacy chipmakers and high-profile startups. Founded in 2017 by three engineers with backgrounds at AMD, Qualcomm, and Samsung, the company has pursued a strategy focused on rapid innovation and product delivery which has resulted in the unveiling and fast development of RNGD.

Furiosa successfully completed the full bring-up of RNGD after receiving the first silicon samples from their partner, TSMC. This achievement reinforces the company's track record of fast and seamless technology development. With their first-generation chip, introduced in 2021, Furiosa submitted their first MLPerf benchmark results within 3 weeks of receiving silicon and achieved a 113% performance increase in the next submission through compiler enhancements.

Early testing of RNGD has revealed promising results with large language models such as GPT-J and Llama 3.1. A single RNGD PCIe card delivers 2,000 to 3,000 tokens per second throughput performance (depending on context length) for models with around 10 billion parameters.

"The launch of RNGD is the result of years of innovation, leading to a one-shot silicon success and exceptionally rapid bring-up process. RNGD is a sustainable and accessible AI computing solution that meets the industry's real-world needs for inference," said June Paik, Co-Founder and CEO of FuriosaAI. "With our hardware now starting to run LLMs at high performance, we're entering an exciting phase of continuous advancement. I am incredibly proud and grateful to the team for their hard work and continuous dedication."

June will present performance benchmarks at Hot Chips today in a presentation titled, "Furiosa RNGD: A Tensor Contraction Processor for Sustainable AI Computing" which further underscores RNGD's exceptional capabilities, leaving industry experts eagerly anticipating what comes next. He will offer a first hands-on look at the fully functioning RNGD card along with a live demo at the Furiosa booth.

RNGD's key innovations include:

What our industry partners have to say:

"The Furiosa RNGD AI Inference solution drives the adoption of green computing with Supermicro. By integrating Furiosa's technology, Supermicro systems can reduce power consumption per card while still delivering exceptional inference performance," said Vik Malyala, SVP, Technology and AI; President and Managing Director, EMEA of Supermicro.

"The collaboration between GUC and FuriosaAI to deliver RNGD with exceptional performance and power efficiency hinges on meticulous planning and execution. Achieving this requires a deep understanding of modern AI software and hardware. FuriosaAI has consistently demonstrated excellence from design to delivery, creating the most efficient AI inference chips in the industry," said Aditya Raina, CMO of GUC.

The chip is currently sampling to early access customers, with broader availability expected in early 2025.

For more details on RNGD's architecture and capabilities, please visit FuriosaAI's blog.

About FuriosaAI

FuriosaAI is a semiconductor company dedicated to creating sustainable AI computing solutions that make powerful AI accessible to all. With its innovative Tensor Contraction Processor architecture, FuriosaAI is revolutionizing the AI hardware landscape, offering unparalleled efficiency and programmability for the most demanding AI workloads. For more information, please visit https://furiosa.ai/.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

FuriosaAI Unveils RNGD, A Leading AI Inference Chip

FuriosaAI Unveils RNGD, A Leading AI Inference Chip

FuriosaAI Unveils RNGD, A Leading AI Inference Chip

FuriosaAI Unveils RNGD, A Leading AI Inference Chip

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MEXC Lists 160 Tokens in April, Delivers Over 800% Returns Across Top Gainers

2025-05-12 18:00 Last Updated At:18:15

VICTORIA, Seychelles, May 12, 2025 /PRNewswire/ -- MEXC, a leading global cryptocurrency exchange, has released its April 2025 trading highlights, showcasing impressive results in token performance, early listing advantages, and community-driven events like airdrops.

Key Takeaways:

According to the report, MEXC listed 160 new tokens in April, a 16.79% increase compared to March. This increase was driven by surging user interest in sectors such as Meme coins, GameFi, AI, and DePIN. This expansion of early-access opportunities reflects MEXC's agile listing strategy and commitment to supporting new niches and communities.

Top New Listings Deliver 832% Average Peak Returns

MEXC's strategic approach to listings paid off, with the top 10 tokens achieving an average all-time high return of 832.33%. HOUSE led the pack, posting a remarkable +3830.90% gain, followed by SEED (+952.63%) and TROLLSOL (+831.31%). These high performers span ecosystems including Solana, Sui, BSC, Ethereum, and Babylon.

Strong Daily Performance Tied to Trading Volume

April's top 10 tokens by spot trading volume also posted robust short-term returns, with an average 24-hour return of 403.49%. Among them were the following assets:

The early token growth metrics highlight that activity on the platform is an important signal for early traders.

MEXC Empowers Traders with Early Price Discovery Capabilities

Notably, five tokens later featured in leading IDO and alpha programs were listed on MEXC prior to their program debuts, posting price gains of several hundred to several thousand percent between the two events:

The report findings reinforced MEXC's reputation as a platform where market momentum is often detected first.

Airdrop+ Events Attract 40,000 Participants, Drive New Token Buzz

MEXC ran 23 Airdrop+ campaigns during the month, attracting over 40,000 participants and distributing almost $1.5 million in tokens. The average return per participant was 40 USDT, with top-performing tokens like SEED, PUMP, and BABY included in the prize pools.

Airdrop+ has proven itself as a tool not only for attracting but also activating users, especially in Asian and emerging markets. A recent MEXC report based on the analysis of more than 100 campaigns in recent months revealed that up to 35% of new users register through participation in airdrop activities. Users involved in the campaign were more likely to continue active trading and participate in subsequent IDO/IEO offerings on the platform.

About MEXC

Founded in 2018, MEXC is committed to being "Your Easiest Way to Crypto." Serving over 40 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.

MEXC Official Website| X ï½œ Telegram ï½œHow to Sign Up on MEXC

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

MEXC Lists 160 Tokens in April, Delivers Over 800% Returns Across Top Gainers

MEXC Lists 160 Tokens in April, Delivers Over 800% Returns Across Top Gainers

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