Press Releases from 2019

SAN JOSE, CALIF. – December 17, 2019 – A year that saw semiconductor startup Tachyum make substantial progress in product development, financial positioning and expanded executive leadership, has ensured that the company remains on schedule to introduce Prodigy, the world’s first Universal Processor, to worldwide markets in 2021.

Prodigy is a 64-core Universal Processor that outperforms the fastest Xeon processor on data center workloads, at 10x less processor power and 3x lower cost. Product development progress made in 2019 places Prodigy into a phase of physical design and integration of peripheral IP into the final product, with product tape-out slated for late 2020. One key milestone reached in the past year was the successful deployment of Linux OS and TensorFlow on the Prodigy Universal Processor architecture. Running Linux on a simulated Prodigy platform signaled that the chip can be used for all compute tasks, as opposed to current special-purpose chips or accelerators with limited applications and limited market viability.

SAN JOSE, Calif., December 11, 2019 – Tachyum Inc. has been named one of the “Most Valuable Brands of the Year” as an emerging company by IndustryWired Magazine, a leading industry resource for helping today’s entrepreneurs build tomorrow’s leading businesses.

This annual “Brands of the Year” issue highlights emerging companies’ unique value propositions and how they have worked to provide more cohesive solutions to customers for better productivity and growth. It also emphasizes the executives who have worked diligently making their brands impossible to ignore in the competitive market. Tachyum was selected by the IndustryWired research analysts and editorial board for inclusion based on the expectation that the company will unlock unprecedented performance, power efficiency, and cost advantages to solve the most complex problems in Big Data analytics, deep learning, mobile and large-scale computing.

Bratislava, Slovakia, November 21, 2019 – Dr. Radoslav Danilak, founder and CEO of semiconductor startup Tachyum Inc., was invited to visit Hong Kong and Shenzen, China as part of the recent Central Europe Business Summit (“CEBS”) under patronage of Forbes to help build bridges and expand relationships with potential customers, partners and investors in the data center looking to introduce the company’s Prodigy Universal Processor Chip as a transformational asset for China.

Bratislava, Slovakia, October 22, 2019 – Tachyum, s.r.o., the company’s European headquarters in Bratislava, announced that it continues to successfully contribute to Slovakia’s reversal from “Brain Drain” to “Brain Gain” with its recent addition of highly qualified full-time engineers and scientists. Among the recently hired engineers, there are Slovaks returning home after working abroad in the US and UK, as well as top talent from Japan and Russia. The new additions are eager to bring their skillset and expertise to the fields of advanced compiler design and chip performance optimization that Tachyum offers in its Bratislava R&D center.

Bratislava, Slovakia, October 14, 2019 – Dr. Radoslav Danilak, Founder and CEO of semiconductor startup Tachyum Inc., with US Headquarters in Santa Clara, Calif., and European headquarters in Bratislava comprising a rapidly growing R&D operation, will deliver a “Success Story” talk at the Driving.Digital conference, held at the X-Bionic Sphere in Samorin, Slovakia. Dr. Danilak is scheduled to speak October 15 th at 9:45 a.m.

Driving.Digital, the first automotive security conference in the CEE region, brings together experts and thought leaders from around the globe to promote the Connected Cars and Autonomous Vehicles Stability Program of the Slovak Republic, in order to advance safety and security, along with intelligent and autonomous mobility systems. Slovakia produces more cars per capita than any other nation. The Driving.Digital conference is part of Autoshow Nitra, the largest auto show in the region, which draws more than 500,000 visitors and 2,000 international exhibitors. “As a native Slovak, I am honored to be part of this year’s very first Driving.Digital conference,” said Dr. Danilak “Growing up, I witnessed firsthand how automotive manufacturing transformed Slovakia. With the emergence of AI-enabled, self- driving cars, another transformation is now underway, and I fully expect Tachyum to become a major contributor in this domain. As part of this effort, Tachyum brought in to the board of advisors Dr. Kurt Lauk, Member of the Board of Management and Head of Worldwide Commercial Vehicles Division of Daimler Chrysler (1996-1999), Deputy Chief Executive Officer and Chief Financial Officer of Audi AG (1989-1992), former chairman of Economic Council in Germany, former advisor to Angela Merkel.”

Bratislava, Slovakia, October 7th, 2019 – Dr. Radoslav Danilak, Founder and CEO of semiconductor startup Tachyum Inc., with US Headquarters in Santa Clara, Calif., and European headquarters in Bratislava comprising a rapidly growing R&D operation, will deliver two talks at this year’s SlovakiaTech 2019 in Kosice, SK. He will present a short talk on October 8 on Tachyum as a Slovak success story, followed later in the afternoon by a presentation titled “Can Slovakia ever be Silicon Valley?”

SAN JOSE, Calif.–(BUSINESS WIRE)–Tachyum Inc. has been named one of the “50 Innovative Companies to Watch 2019” by The Silicon Review, the world’s most trusted online and print community for business and technology professionals.

The Silicon Review’s 50 Innovative Companies to Watch honor is awarded to companies that provide the most groundbreaking technologies contributing to the competitive global IT platform at large. Tachyum was selected by the Silicon Review team for inclusion based on the expectation that the company will unlock unprecedented performance, power efficiency, and cost advantages to solve the most complex problems in Big Data analytics, deep learning, mobile and large-scale computing.

SAN JOSE, Calif., September 17, 2019 – Today, Tachyum announced that Dr. Kurt Lauk has joined the company’s Board of Advisors. Dr. Lauk served on several management boards, including Daimler and Audi, and as a member of the EU Parliament. For 15 years, he was Chairman of the the Economy Council (Wirtschaftsrat) and advised Angela Merkel in this capacity. He is Founder and President of Globe CP GmbH, a personally owned family office since 2000.

SAN JOSE, Calif., August 27, 2019 – Tachyum Inc., a developer of the smallest and fastest general-purpose 64-core processor, today announced it has joined the Compute Express Link (CXL) Consortium, a group of companies dedicated to advancing a new, open-industry standard interconnect designed to address the increasing demands of high-performance computational workloads.

CXL is a high-speed CPU-to-Device and CPU-to-Memory interconnect that offers high- bandwidth, low-latency connectivity between host processors, systems and devices, such as FPGAs, intelligent networking and storage accelerators, memory buffers, storage class memory and smart I/O devices. CXL targets heterogeneous processing and memory systems across a range of high-performance computing applications by enabling coherency and memory semantics between processors and systems. This is increasingly important as processing data in Artificial Intelligence and Machine Learning requires a diverse mix of scalar, vector, matrix and spatial architectures.

SAN JOSE, Calif., August 13, 2019 – Tachyum Inc. today announced that it has joined the Peripheral Component Interconnect Special Interest Group (PCI-SIG), a 700+ member association committed to advancing the non-proprietary PCI technology to yield a reliable, scalable solution for high-speed I/O in numerous market applications.

The PCI I/O expansion bus is today’s de facto interconnect between CPUs and peripherals. As demand for higher-performance I/O grows, PCI-SIG’s scope and ecosystem reach expands. Current PCI Express and other related technology roadmaps account for new form factors and lower-power applications. Association members collaborate in open committees to define, test and refine specifications to help companies bring to market PCI-compliant devices.

SAN JOSE, Calif., July 30th, 2019 – Dr. Radoslav “Rado” Danilak, CEO of Tachyum Inc., will speak about the need for new approaches, and capabilities of data center architectures, interconnects, storage and memory types, to enable the industry to unleash the full power of AI in the multi-billion dollar hyperscale market, at the Flash Memory Summit in the Santa Clara Convention Center in Santa Clara, Calif. on Wednesday, August 7 at 4:35 p.m. PDT.

SAN JOSE, Calif., July 16, 2019 – Tachyum Inc. announced today it has appointed Kiran Malwankar to the position of Vice President of System Engineering. Malwankar, a 30-year veteran of both pre-IPO companies and industry leaders, holds 21 U.S. patents in technologies such as I/O virtualization, PCIe, storage virtualization, and flash/solid-state media.

Malwankar joins the company after founding and/or joining a series of successful startups that delivered innovations in memory, AI, IoT, cloud, and flash devices; five of these companies were acquired and one went public. In addition, he has held executive and senior-level engineering positions at dominant vendors such as Cisco, Violin Memory, Nishan Systems/McDATA, and Aprius/FusionIO. He holds a master’s degree in electrical engineering from the prestigious Indian Institute of Technology in Mumbai.

SAN JOSE, Calif., July 9th, 2019 – Tachyum Inc. announced today that it has finalized a Series-A funding round led by private equity investor IPM Group, with participation of the Slovak Government, that will be used to continue the advancement of the company’s efforts to bring its Prodigy Universal Processor chip to market. Now with $25M in its post Series-A war chest, the Tachyum development team is able to reach its next major milestone in early 2020, in order to bring the Prodigy chip to market in the second half of 2020. The closing of this equity investment round was key to support Tachyum’s R&D and software development efforts both in Slovakia and USA, leveraging regional talent and resources of Slovakia, the European Union as well as Silicon Valley.

SAN JOSE, Calif., June 5, 2019 – Tachyum Inc. announced today it has appointed Elena Zokhidova its Senior Director of Finance to improve existing financial processes and facilitate new business opportunities which will help the company reach its aggressive growth plans.

Zokhidova’s nearly two decades of international business and finance experience, including service at leading public accounting firms and billion-dollar companies within the tech industry, complements Tachyum’s established presence in Silicon Valley and the Central/Eastern European region. Combined with her deep operational knowledge of financial processes, operating results and profitability, Zokhidova is expected to help lead Tachyum’s financial operations throughout its growth phase and ensure the company is well positioned to meet pre- IPO compliance.

SAN JOSE, Calif., May 29, 2019 – Tachyum Inc. announced today it has successfully deployed the Linux OS on its Prodigy Universal Processor architecture, a foundation for 64-core, ultra-low power, high-performance processor. Running an OS directly and natively on its chip, without the need for host processors or other expensive components, reduces the cost of at-scale data centers and enables nearly unlimited flexibility in use. This development is a significant milestone on Tachyum’s roadmap to supplying hyperscale data centers and ODM partners with high- performance, power-efficient, scalable processing muscle for data center, cloud, AI/ML, in memory processing, and HPC environments at a fraction of the cost of the competition.

SAN JOSE, Calif., April 9, 2019 – Dr. Zhimin Ding, Principal AI Processor Architect at Tachyum Inc. will be a featured presenter at the AI Accelerator Summit, April 11-12 at Silicon Valley’s San Jose Convention Center.

Ding is a pioneer in artificial intelligence, machine learning, and neural networks – and how these technologies intersect with semiconductors and system design. Since the early 1980s he has specialized in areas like pattern recognition, supervised and unsupervised learning, training, sensory fusion, and neuromorphic architectures. He holds several degrees in electrical engineering, computer science, and neuroscience, and holds or has developed 11 patents.

SAN JOSE, Calif., March 26, 2019 – Dr. Radoslav Danilak, Co-founder and CEO of Tachyum Inc., will be a featured panelist for an “Innovative Technologies” session at the 72nd HPC User Forum at La Fonda on the Plaza in Santa Fe, New Mexico April 3 at 1:30 p.m.

Danilak will educate attendees about the unprecedented capabilities of the world’s first universal processor chip. Tachyum’s Prodigy chip reduces data center cost and power needs through new proprietary processor architecture that has made many parts of the hardware found in a typical processor redundant. Fewer transistors and shorter wires, due to a smaller core, translates into much greater speed and much lower power requirements for the processor. The ultra-low power Prodigy processor, will allow system integrators to build a 32 tensor Exaflops AI supercomputer. This will enable users to simulate, in real-time, human brain-sized Neural Networks in 2020.

SAN JOSE, Calif., March 12, 2019 – Tachyum today announced that it has received capital from the Slovak government of almost $17 million dollars to help build a new R&D center within the country that will assist in the final development phase of the company’s Prodigy Universal Processor Chip, the smallest and fastest general-purpose, 64-bit processor, requiring 10x lower power and 3x lower sell price than competing products with equivalent performance. Together, these two attributes result in Prodigy reducing data center annual total cost of ownership (CapEx + OpEx) by a factor of 4x.

SAN JOSE, Calif., March 4, 2019 – Tachyum Inc. has been recognized among the Leading Specialists in Big Data Solutions in the USA as part of the 2019 Corporate Excellence Awards by Corporate Vision Magazine. The awards are designed to recognize outstanding achievement, game-changing innovation and stellar performance of companies and individuals from around the business world.

Providing readers worldwide with a wealth of news, features and comment on the corporate issues of the day, CV Magazine is more than just a publication, instead serving as an invaluable resource for readers and decision makers looking to improve and transform the way they manage their operations, staff, technology, business partnerships and supply chains, with a view to creating a more profitable and successful business. Winners of the 2019 Corporate Excellence Awards were decided by a combination of votes gathered from the publication’s network of respected industry partners and its own rigorous in-house research, performed by its dedicated network of industry insiders and corporate specialists.

SAN JOSE, Calif., January 17, 2019 – Dr. Radoslav Danilak, co-founder and CEO of Tachyum Inc., was awarded the Pribina Cross, First Class by Slovakian President Andrej Kiska for innovations in data storage and processing at a state awards ceremony in Bratislava January 8, 2019.

Danilak was among people honored at the ceremony for best representing the values on which Slovak society stands. He received the award from Slovakia’s President for outstanding merit in the economic development of the Slovak Republic in the areas of business and information technology, for his work developing the Prodigy Universal Processor Chip, the smallest and fastest general purpose, 64-bit processor, requiring 10x less power and reducing processor cost by 3x.