ETA Compute Is Changing Its Name and Logo

AI software company Eta Compute has rebranded itself as “ModelCat”, introducing a new name, visual identity, and mission statement.

Founded in 2015, the Silicon Valley startup initially focused on semiconductor design, specialising in low-power processors.

At one point, it created the world’s lowest energy AI chip, known as TENSAI.

The American company later developed Aptos, a no-code, cloud-based software for edge machine learning (edge ML), also referred to as edge AI.

This involves deploying AI models and algorithms directly on devices like smartphones, smart home appliances, cars, and manufacturing robots.

“Cats are playful, quick-reacting, agile, and always land on their feet. The name reflects the company’s ability to pounce on a model build, react instantly to requirements, and deliver exactly what’s needed with surgical precision and near zero error rate,” says the firm.

“We started with the hardest challenge, AI at the edge, and built technology that can deliver the right model every time,” comments Evan Petridis, CEO of ModelCat.

Adding: “Now we’re taking that capability to the entire AI industry. Our mission is to become the universal model build layer that powers AI everywhere, making AI far more accessible than it is today.”

Source: ModelCat