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POET Wins “Best Optical AI Solution” in 2024 AI Breakthrough Awards Program
Prestigious International Annual Awards Program Honors Standout AI and Machine Learning Solutions and Companies TORONTO, June 26, 2024 (GLOBE NEWSWIRE) --
About this update from Poet Technologies Inc.
[{"type":"text","content":"Prestigious International Annual Awards Program Honors Standout AI and Machine Learning Solutions and Companies\nTORONTO, June 26, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integrated Circuits (PICs) and light sources for the data center, tele-communication and AI markets, today announced that it has been selected as winner of the “Best Optical AI Solution” award in the seventh annual AI Breakthrough Awards program conducted by AI Breakthrough, a leading market intelligence organization that recognizes the top companies, technologies and products in the global Artificial Intelligence (AI) market today. POET’s breakthrough microchip solution, the POET Optical Interposer™, enables optical communication using a silicon-based hybrid integration platform. The optical interposer combines electrical and optical layers in a single chip for highly integrated transceivers and enables the replacement of copper with light-based optical data communication between chips in high-speed computing. “With POET’s technology, AI hardware developers can deploy next-generation networks that outperform existing solutions, reduce costs, and improve power efficiency. This is a period of high demand for 800G transceivers, and while an optical engine is not a complete transceiver, it includes all but one of a transceiver’s major components, and it can represent well over 50% of the cost,” said Steve Johansson, managing director, AI Breakthrough. “POET is powering the age of photonics with innovative products that seamlessly integrate into existing networking infrastructure and give developers the ability to build high-speed and low-latency networks using an optical solution that is highly scalable and at the desired cost structure.” The optical interposer platform is the foundation on which POET designs its line of products, including POET Wavelight™, a pluggable transceiver that can be used for up to 2km of reach over single-mode fiber and POET Starlight™, a source for multiple wavelengths of light, powering external silicon photonics modulators and managing the data flow among chips. POET is also developing 800G and 1.6T optical transceiver modules in collaboration with key customers and partners like Luxshare, Foxconn In...