MOUNTAIN VIEW, Calif., May 15, 2024 – Esperanto Technologies™, the leading developer of high-performance, energy-efficient artificial intelligence (AI) and high-performance computing (HPC) solutions based on the RISC-V instruction set, today announced the signing of a Memorandum of Cooperation with Rapidus, a new Japanese company that is a burgeoning leader in advanced 2nm semiconductor manufacturing with a strong focus on enabling faster time-to-market (TTM). The initial focus of the partnership is to enable future semiconductor designers to develop more energy efficient solutions for AI inference & HPC workloads for data center and enterprise edge applications. This will help alleviate what many are beginning to call an unsustainable growth in energy consumption by data centers globally, due in part to the increasing power required by many of today’s AI and HPC chips.