Key points:
- GSI Technology has been awarded a $1.1 million contract to develop an artificial-intelligence chip for the U.S. Department of the Air Force.
- The chip will be used for in-aircraft search and rescue, object detection, moving-target indication, and change detection.
GSI Technology Inc. has secured a $1.1 million contract to develop an artificial intelligence (AI) chip for the U.S. Department of the Air Force. The chip will be utilized by the Air Force for various purposes, including in-aircraft search and rescue, object detection, moving-target indication, and change detection. GSI Technology will create specific algorithms for the U.S. Air Force Research Laboratory using its Gemini Associative Processing Unit, which is designed for the AI market. The company has experienced rising stock prices due to its efforts in AI-processor technology. GSI Technology, founded in 1995, is primarily known for its memory products for the telecommunications and networking industries.