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It identifies 65startupsin this space, 54 of which are European, which have collectively raised $900mn.
These could significantly reduce AIs energy consumption by improving efficiency and thermal performance in computing hardware.
One of the leading innovators in this space is Welsh startupSpace Forge.
It could dramatically increase processing speed, as demonstrated by Germanys Black Semiconductor.
The companys photonics processors could transmit signals 100 to 1,000 times faster than traditional electronic chips.
They are one of the most important developments in computing right now, she said at the Munich event.. One of the startups working on this is London-based Deep Render.
The company usesdeep learningto compress files while retaining quality beyond what was previously possible.
While these technologies hold potential, theyre still in the nascent stages of development.
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Story bySion Geschwindt
Sion is a freelance science and technology reporter, specialising in climate and energy.
