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Energy and Cost Efficient AI

Reference number
Coordinator Bitynamics AB
Funding from Vinnova SEK 1 800 000
Project duration May 2024 - May 2025
Status Completed
Venture Ground-breaking technology solutions
Call Groundbreaking and scalable technology solutions in 2024

Important results from the project

The project has developed a prototype (TRL 5) for a patented AI technology. We have validated 500x faster training and 6x lower eligibility requirements on computing power and memory compared to today´s standard. The results, verified with industry partners, enable a drastically more energy-efficient and accessible AI. This lowers the thresholds for AI use and contributes to a more sustainable technology development.

Expected long term effects

The results achieved are expected to have a significant and transformative impact in the long term, both commercially and for society at large. By significantly reducing the costs and resource requirements for training and deploying AI models, our technology makes advanced AI accessible to a much broader group. The increased accessibility and efficiency of AI technology has the potential to address major societal challenges.

Approach and implementation

The project was implemented by Bitynamics in three work packages. First, the algorithms were tested and verified on customer data to quantify the benefits. Then, they were implemented as a PyTorch library for large-scale use. Finally, a web prototype was developed that focused on specific applications.

The project description has been provided by the project members themselves and the text has not been looked at by our editors.

Last updated 4 July 2025

Reference number 2024-00525