GSI Technology Lands $1.1 Million Air Force Contract to Develop AI Chip for Object Detection
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GSI Technology awarded $1.1 million contract by U.S. Air Force to develop AI chip for search and rescue, object detection, etc.
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Chip will use GSI's Gemini Associative Processing Unit aimed at AI market
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GSI will create algorithms for Air Force Research Lab using the chip
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GSI stock dropped 4.5% Wednesday, sparked meme-like buzz on Reddit last year
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Company known for memory products but pushing into AI processor market against bigger players like Nvidia