OptiBit, a start up made up of three graduate students from MIT, University of Colorado, Boulder and the University of California, Berkeley, has developed a new chip technology that promises faster processors at dramatically less energy consumption.
The startup won the MIT Clean Energy Prize with the patented technology.
According to BetaBoston, OptiBit is attempting to do to computer chips what telecoms operators are trying to do to the last mile. Alexandra Wright, a MBA student from MIT Sloan School of Managed and presenter for OptiBit, decided to deploy fibre to replace copper inside processors.
The researchers said the new solution offers 10x more throughput, 2x lower latency and 95% less energy than traditional copper-based chips. The project to develop the chip costs over US$20 million over the last 10 years, funded primarily via a grant from Defense Advanced Research Projects Agency.