Technology
In-Memory Computing
Processing-in-memory architectures that compute directly in storage to eliminate data movement bottlenecks.
34 companies
Explainer
In-Memory Computing explained
In-memory computing does calculations inside or right next to the memory that stores the data, instead of copying the data to a separate processor. It is also called processing-in-memory (PIM) or compute-in-memory.
In a conventional computer, the processor and the memory are separate, and every calculation needs data to travel between them. This is the von Neumann bottleneck. In-memory designs reduce that travel, either by adding small compute units to memory chips or by using the memory cells themselves to perform operations such as multiply-and-add.
How it differs from the usual approach
In a normal processor, moving a number from external memory costs far more energy than doing arithmetic on it, by orders of magnitude. In-memory computing attacks that cost directly. Digital versions put logic inside or beside memory arrays and stay exact. Analog versions use the physics of the memory cells and are efficient but less precise. Software must be adapted to use either, which has limited adoption.
Where it is used
- Neural network inference, where the same weights are read again and again.
- Database scans and search that read huge amounts of data.
- Genomics and graph analytics that are limited by memory access.
- Low-power AI in edge devices.
- Research on memory-bound parts of large language models.
What to watch
- Memory makers have shown DRAM with built-in processing units, including SK hynix and Samsung prototypes and products.
- Several startups build in-memory AI chips using SRAM, flash or resistive memory.
- Programming models and software support are the main barrier to broad use.
- Memory-bound AI inference keeps interest in the field high, because it often limits speed more than arithmetic does.
Frequently asked questions
What is in-memory computing?
It is a design where calculations happen inside or beside the memory that stores the data. This cuts the energy and time spent moving data to a separate processor.
What is the difference between in-memory and near-memory computing?
In-memory computing uses the memory cells or arrays themselves to compute. Near-memory computing keeps compute logic separate but places it very close to the memory, such as in the same stack or package.
Does in-memory computing replace GPUs?
Not at present. It is a way to reduce data movement for specific tasks, mainly inference and memory-bound jobs. GPUs remain the main platform for training.
- UPUPMEM UPMEM, based in Grenoble, France, developed processing-in-memory technology. Its chips place small general-purpose processors, which it calls DRAM Processing Units, inside the memory chips themselves, so data-heavy tasks such as analytics and AI inference can run where the data sits rather than being moved to a separate CPU. This reduces traffic over the memory bus, which is often the bottleneck. Academic benchmarks describe it as the first commercially available processing-in-memory architecture. The company was founded in 2015 and has been reported as acquired by Qualcomm in 2025, though no primary announcement was found. In-Memory Computing · AI Accelerators · Memory & Storage $15.9M
- UAUntether AI Untether AI, based in Toronto, designed AI inference chips built around at-memory computation, which places small processing elements right beside memory cells so less energy is spent moving data. Its speedAI line was aimed at data-centre and edge inference. The company shut down in June 2025. AMD hired part of its engineering team but did not acquire the chips or the software development kit, which are no longer supported. In-Memory Computing · AI Accelerators —
- Axelera AI Axelera AI builds processors that run trained AI models, mainly for edge devices and servers. Its chips use digital in-memory computing, where arithmetic is carried out inside the memory array that stores the model weights, cutting the cost of moving data. They are paired with RISC-V processor cores. Its Europa chip is specified at up to 629 TOPS at INT8 precision, a measure of integer operations per second. Axelera was founded in 2021 and is based at the High Tech Campus in Eindhoven, the Netherlands. AI Accelerators · Edge Computing · In-Memory Computing Series C closed Feb 2026; $450M+ total raised
- Avalanche Technology Avalanche Technology, based in Fremont, California, designs and sells MRAM, a memory that stores data in magnetic states and so keeps it without power. Its parts use spin-transfer torque, where a current flips the magnetic direction of a cell, built on 300mm standard CMOS processes. The main product line is Persistent SRAM, offered in densities from 1Mb to 16Mb, which behaves like fast SRAM but does not lose data at power-off. The company was founded in 2006 and was formerly known as Yadav Technology. Its founder and CEO is Petro Estakhri, and it has signed manufacturing agreements with Sony and UMC. In-Memory Computing · Spintronics & MRAM · Memory & Storage $168.4M

- BMBlueshift Memory Blueshift Memory is a Cambridge, UK company that designs a memory architecture it calls the Cambridge Architecture. It aims to ease the von Neumann bottleneck, the delay caused by moving data back and forth between memory and processor, by organising memory so data-heavy workloads need fewer transfers. It has demonstrated the idea on an FPGA, a reconfigurable chip, and in 2025 won an Innovate UK and Taiwan grant to work with AP Memory and Syntronix on high bandwidth memory. It was founded in 2016. In-Memory Computing · AI Accelerators · Memory & Storage —
- Rain AI Rain AI, a US startup, set out to build AI chips that perform calculations inside memory and are loosely brain-inspired, aiming to cut the energy spent moving data. OpenAI signed a nonbinding letter of intent in 2019 to buy 51 million dollars of its chips, but reporting indicates that purchase never went ahead. The company's planned 150 million dollar Series B round collapsed, and reports say it laid off nearly all staff in June 2025. OpenAI later acquired a number of its patents, with the price undisclosed. The company appears to be effectively defunct. Neuromorphic Computing · In-Memory Computing $76M raised (Series B collapsed)

- LILightIC LightIC is a China-based company listed as working on photonic in-memory computing with phase-change materials. Photonic computing uses light instead of electric current to carry out calculations, and phase-change materials are substances that switch between two physical states and can hold a value that light can read. This record needs checking against the company's own sources, since the name is also used by a silicon photonics lidar maker. Photonic Computing · In-Memory Computing —
- TETetraMem Analog in-memory ReRAM AI chips; announced 22nm multi-level RRAM MLX200 SoC milestone May 2026, sampling H2 2026. Analog Computing · In-Memory Computing —
- d-Matrix d-Matrix, based in Santa Clara, California, designs chips for running trained AI models, a task known as inference. Its approach is digital in-memory compute, which places arithmetic circuits inside the memory that holds the model data, so less time and energy goes on moving data back and forth. Its Corsair product is a PCIe accelerator card carrying two such chips, each with on-chip SRAM, and it does not rely on costly high bandwidth memory. Corsair was unveiled in November 2024, and Sid Sheth is cofounder and chief executive. In-Memory Computing · AI Accelerators · HPC & AI Systems $275M Series C (Nov 2025, $2B valuation, $450M total)
- GSI Technology GSI Technology designs high-performance static RAM, including radiation-hardened parts for aerospace and defense, and develops the Gemini associative processing unit. The Gemini APU performs computation inside the memory array to reduce data movement, and the company targets it at AI search and similar workloads. SRAM sales remain the larger part of its business. GSI is headquartered in Sunnyvale, California, was founded in 1995, and went public in 2007. In-Memory Computing · AI Accelerators · Memory & Storage —

- Everspin Technologies Everspin Technologies makes discrete magnetoresistive RAM, or MRAM, in Toggle and spin-transfer torque forms. MRAM stores data in magnetic states rather than electric charge, so it keeps its contents without power while approaching the speed of SRAM. The company also licenses embedded MRAM technology and offers backend foundry services, and it works with GlobalFoundries on embedded MRAM. Everspin was spun out of Freescale Semiconductor in 2008, is based in Chandler, Arizona, and has traded on Nasdaq under MRAM since its 2016 IPO. Spintronics & MRAM · In-Memory Computing · Memory & Storage —
- ZeroPoint Technologies ZeroPoint Technologies develops hardware memory compression intellectual property, which chip designers license and build into their own processors. The technology compresses data and manages memory in real time, so a system can hold more data in the same physical memory and move it with less bandwidth. This targets the memory bottleneck in AI and data center systems. The company is based in Gothenburg, Sweden, and was founded as a spin-out from Chalmers University of Technology by Professor Per Stenstrom and Angelos Arelakis. In-Memory Computing · Memory & Storage €5M Series A (May 2024)

- SYSyntiant Syntiant, based in Irvine, California, makes Neural Decision Processors, very low power chips that run neural networks for always-on tasks such as voice commands and sensor monitoring. Its Core 2 design couples memory with multiply-accumulate units, the circuits that perform the basic arithmetic of neural networks, so less data has to travel between them. The NDP200, introduced in September 2021, was its first chip aimed at vision tasks such as person detection and object classification. Syntiant says it runs these workloads at about a milliwatt or two, a vendor claim. Edge Computing · Neuromorphic Computing · In-Memory Computing Equity from Khazanah Nasional & Boardman Bay (Dec 2024) financing $150M Knowles CMM acquisition
- MemComputing San Diego company founded by physicists Fabio Traversa and Massimiliano Di Ventra and entrepreneur John Beane, built on memcomputing, a physics-based approach to optimization problems. It now markets a compute architecture called MEMAI aimed at lower-power AI inference. It said in November 2024 that its Series A had closed. In-Memory Computing · Analog Computing Series A (Nov 2024); $5M exempt offering filed Jan 2026
- ETEtron Technology Etron Technology is a fabless integrated circuit design company in Hsinchu Science Park, Taiwan. It sells specialty DRAM, including RPC DRAM, which it describes as a small wafer-level package memory aimed at edge devices, along with known good die memory, USB connectivity chips and 3D sensing products. Founded in February 1991 by Dr. Nicky Lu, it supplies memory and vision silicon to embedded and industrial customers. Its shares trade on the Taipei Exchange under 5351. In-Memory Computing · AI Accelerators · Memory & Storage —
- RAAAM Memory On-chip GCRAM memory startup; closed $17.5M Series A led by NXP Semiconductors in November 2025 to qualify GCRAM at leading foundries. In-Memory Computing · Analog Computing $17.5M Series A led by NXP (Nov 2025)

- Synthara Synthara, based in Zurich, Switzerland, develops ComputeRAM, a technology that adds in-memory computing to embedded chips. Conventional chips spend much of their time and energy moving data between memory and a processor, so computing inside the memory array itself can cut that cost. Synthara says this gives a 100x gain in speed and energy efficiency, which is a company claim not independently checked. It targets low-power products such as wearables, robotics and programmable smart sensors. The company's website lists an address at Josefstrasse 219 in Zurich, but does not name customers or investors. In-Memory Computing · AI Accelerators $15M + CHF 2.5M

- CICrossbar Inc. Crossbar develops resistive RAM, or ReRAM, a type of non-volatile memory that stores data by changing the resistance of a thin material and so keeps it without power. Its design uses a crosspoint array, in which memory cells sit at the intersections of crossing wires and can be stacked in layers. The company aims to supply the technology to chipmakers and system-on-chip developers. It was founded in 2010 as a spin-out of the University of Michigan and is based in Santa Clara, California. Memristors & ReRAM · In-Memory Computing · Memory & Storage —
- Nanya Technology Nanya Technology is a Taiwanese manufacturer of DRAM, supplying memory for consumer, industrial, networking and server uses. It operates its own fabs in Taiwan and sells through offices in several regions. The company was founded in 1995 and is part of the Formosa Plastics Group, with Nan Ya Plastics as its controlling shareholder. It is based in New Taipei City, and its shares trade on the Taiwan Stock Exchange under 2408. In-Memory Computing · AI Accelerators · Custom Silicon —

- NENetsol Netsol is a fabless integrated-circuit company focused on memory, meaning it designs chips and has others manufacture them. Its products include serial and parallel STT-MRAM and standalone asynchronous SRAM. STT-MRAM stores data in magnetic states rather than electric charge, so it keeps data without power while approaching the speed of SRAM, the fast memory normally used for caches. Serial parts use few pins and parallel parts use 8-bit or 16-bit buses. The company is based in South Korea. In-Memory Computing · Memory & Storage —
- 4DS Memory 4DS Memory is a development-stage company working on interface switching resistive RAM, a non-volatile memory technology intended for storage class memory. Its approach is based on a PCMO material and is built on standard CMOS processes. The company has held development agreements with imec and with HGST, a Western Digital subsidiary, and has patents in the United States. It has not been a volume chip supplier. 4DS Memory was established in 2007, is listed on the Australian Securities Exchange, and is based in Perth. In-Memory Computing · Memory & Storage ~A$8M capital raise (Jan 2025 placement+SPP)
- EnCharge AI Analog in-memory AI accelerator startup; $100M Series B Feb 2025 led by Tiger Global; launched EN100 chip (200+ TOPS) for client/edge AI. Analog Computing · In-Memory Computing $100M Series B (Feb 2025, led by Tiger Global; total $144M+)
- Weebit Nano Weebit Nano develops resistive RAM, or ReRAM, a non-volatile memory that keeps data without power, and licenses it as intellectual property to chipmakers and foundries, starting with embedded memory inside system-on-chip designs. Its technology traces to research by James Tour at Rice University, and it has worked with France's CEA-Leti since 2016. Licensees include onsemi and Texas Instruments. Founded in Israel in 2015 and based in Hod HaSharon, it trades on the Australian Securities Exchange under WBT. Memristors & ReRAM · In-Memory Computing · Memory & Storage —
- XTXConn Technologies XConn Technologies is recorded as a developer of switch chips for CXL and PCIe, the interconnects that link processors, memory and accelerators inside servers. CXL lets servers share and expand pools of memory. Neither the company's website nor a Marvell announcement could be reached during checking, so the headquarters in San Jose, the 2020 founding year and the reported Marvell acquisition could not be verified. The previous description gave a deal value and closing date that remain unconfirmed and have been left out. ASICs · In-Memory Computing · Interconnect & Networking —
- NSNeo Semiconductor 3D X-DRAM passed proof-of-concept in April 2026; new strategic investment led by Acer founder Stan Shih to advance HBM alternative for AI memory. Analog Computing · In-Memory Computing Strategic investment from Stan Shih (Acer founder) - April 2026
- MEMemVerge MemVerge develops software for managing memory, with a history in CXL memory pooling and tiering. CXL is a standard that lets servers share and expand memory over a fast interconnect. Its Memory Machine products were built for that purpose. Its current site also lists MemMachine, an open source memory layer that lets AI agents store and recall information across sessions. Charles Fan is listed as co-founder and chief executive. In-Memory Computing · Memory & Storage · Interconnect & Networking —
- Vertical Compute Vertical Compute is a European deep-tech start-up making chiplets that place vertical columns of data storage directly beside processing cores. The aim is to ease the memory bottleneck in AI, where processors often wait for data to arrive. Its website says the technology blends vertical memory concepts with nano-magnetism. The company lists offices in Leuven, Louvain-la-Neuve, Paris, Grenoble and Nice, and a March 2026 news item on its site reports a raise of 57 million euros. In-Memory Computing · AI Accelerators · Memory & Storage €57M total seed (€20M Jan 2025 + €37M Mar 2026 extension led by Quantonation)
- MetisX (XCENA) MetisX, now trading as XCENA, develops memory-centric computing based on CXL, a standard that lets processors share and expand memory over a fast link. The aim is to place some processing close to the memory so that less data must move across the system. Its first product is called MX1. The company is based in Seongnam, South Korea, and was founded in 2022. In-Memory Computing · Memory & Storage · Interconnect & Networking $44M Series A (2024); $100M Series B pending (Jan 2026)

- Panmnesia Panmnesia designs technology for CXL, an open standard that lets processors, accelerators and memory devices share memory over a fast link. Its products include CXL switches and controllers that let many chips draw on a shared pool of memory, which helps AI systems whose memory needs outgrow what one GPU can hold. The company was founded in 2022 as a spin-off from KAIST, the Korean research university in Daejeon, where it is based. It is led by KAIST professor Myoungsoo Jung. In-Memory Computing · Memory & Storage · Interconnect & Networking $30M project funding (May 2025); $102M total
- MEMetisix The Metisix at metisix.com describes itself as an AI and commerce systems engineering firm that builds AI features, agents and payment systems inside web platforms. That is software services work, not memory or compute hardware, and the site gives no location or founding year. The current record appears to confuse it with MetisX, a South Korean fabless company making CXL memory products, which was founded in 2022 and is now reported as XCENA. Neither has a confirmed Munich link. In-Memory Computing · Memory & Storage —
- Anabrid Modern analog computers on a chip; launched REDAC reconfigurable analog supercomputer (March 2025) with DLR Quantum Computing Initiative. Analog Computing · In-Memory Computing —
- HYHyperCIM HyperCIM is a small London-based start-up developing a Latency Processing Unit, an add-in device meant to take data preprocessing and protocol handling off CPUs and GPUs. It is built on compute-in-memory, which does calculations inside non-volatile memory cells instead of shuttling data to a separate processor, a design the company says cuts power use. Its first target is financial services. The company was incorporated in December 2023 and is incubated through Deep Science Ventures and Silicon Catalyst UK. No shipped product or customers have been confirmed. AI Accelerators · In-Memory Computing · Edge Computing —
- FRFractile Fractile is a London company building chips for running trained AI models, known as inference. It places the arithmetic for matrix calculations directly inside memory, next to the stored model weights, to avoid the delay and energy cost of fetching them from separate memory. The design uses SRAM, a fast on-chip memory, rather than external DRAM. Fractile was founded in 2022 by Walter Goodwin, who studied at the University of Oxford, and it has teams in London and Bristol working on test chips. In-Memory Computing $220M (May 2026)
- UnifabriX Haifa company building CXL-based memory pooling and sharing systems, including the Smart Memory Node (32 TB of DDR5 in a 2RU chassis) first shown at SC22 over a CXL 3.0 fabric. It reported an $11 million seed round in January 2025 and was planning a further round in the second half of 2025. Founders are Ronen Hyatt and Danny Volkind. Interconnect & Networking · In-Memory Computing $11M seed, Jan 2025
