SFAL-backed startups breaking barriers, creating cutting-edge products, says IT/BT Minister Priyank Kharge

Karnataka IT/BT Minister Priyank Kharge on Wednesday said three Bengaluru-based startups have developed innovative technologies with the support of the Semiconductor Fabless Accelerator Lab (SFAL), a State-funded centre of excellence (CoE) for fabless semiconductors.

Calligo Technologies has fabricated a POSIT-enabled semiconductor chip which will enhance performance and accuracy in critical mathematical computations. POSIT technology was set to become a new standard in computing as it offers improved accuracy, network bandwidth, and storage utilization with reduced power consumption. The technology is particularly advantageous for applications in stock exchange computations, medical drug research, and artificial intelligence, the minister said at a media conference.