TORONTO–(BUSINESS WIRE)–Untether AI co-founder Raymond Chik was honored by the Association of China-Canadian Entrepreneurs (ACCE) at a gala dinner hosted by ACCE in Toronto on April 23, 2022. In 2018, Dr. Chik, Dr. Martin Snelgrove, and Darrick Wiebe founded Untether AI. This year, ACCE honored this foundation and the progress made by Untether AI as pioneers of in-memory computing for accelerating artificial intelligence (AI) inference by awarding him and the Startup of the Year company.
“Raymond embodies the best qualities of an entrepreneur who thrives not just in Canada, but across the global tech ecosystem,” said Arun Iyengar, President and CEO of Untether AI. “Its long history of building and growing successful businesses has strengthened Canada’s role as a key technology provider to the world. We are honored that ACCE recognized him for co-founding Untether AI and awarded us Startup of the Year.
ACCE organizes the Chinese Canadian Entrepreneur Awards in association with Centennial College’s Center for Entrepreneurship, PwC and Ming Pao Daily News. The awards promote entrepreneurship in the Chinese-Canadian community, encourage the start-up of new businesses, and promote the social responsibility of entrepreneurs, among others. Nominations come from peers in the ACCE community and awards are determined by an independent jury from Centennial College, KPMG, PwC, Ernst & Young, Ontario Ministry of Economic Development and The Globe and Mail.
“I am deeply honored to be recognized by ACCE and the judges. Canada’s amazing community of technologists has given me the chance to pursue my passion for innovating new products and services and helping to build companies capable of inventing the future and changing lives,” said Dr Chik.
Hong Kong-born Dr. Chik originally came to Toronto as a student on a high school visa. He earned his Masters in Electrical Engineering, Masters in Electrical and Computer Engineering, and Ph.D. in Electrical and Computer Engineering from the University of Toronto.
Dr. Chik has a distinguished history in developing established and early-stage semiconductor companies and building startups. His professional background includes Mosaid, Snowbush, InVisage Technologies, Issumatek Ltd and Kapik Integration before co-founding Untether AI.
About Untether AI
Untether AI provides ultra-efficient, high-performance AI chips to enable new frontiers in AI applications. By combining the energy efficiency of in-memory computing with the robustness of digital processing, Untether AI has developed a revolutionary new chip architecture for neural network inference that eliminates the bottleneck of data movement that costs money. energy and performance in traditional architectures. Founded in Toronto in 2018, Untether AI is funded by CPP Investments, Intel Capital, Radical Ventures and Tracker Capital. www.untether.ai.
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