By Kate Yuan

(JW Insights) Mar 21 -- Chinese AI chip provider Yizhu Technology (亿铸科技) officially opened its new headquarter in Suzhou High-tech Zone in eastern China's Jiangsu Province on March 18, JW Insights learned.

Founded in 2022, Yizhu is China’s first developer of ReRAM-Based Compute-In-Memory (CIM) AI chips with large computing power, according to Suzhou High-tech Zone. It seeks new solutions to the problems of high energy consumption and difficult deployment in current AI high-computing chips for memory and computing.

In October last year, Yizhu Technology signed an agreement with Suzhou High-Tech Zone to set up its headquarter in Suzhou.