TAIPEI, TAIWAN — MAY 9, 2026 — Vellex Computing has been selected as one of the top 11 winners from 590 proposals across 56 countries in the National Science and Technology Council (NSTC) IC Taiwan Grand Challenge (ICTGC), earning a $30,000 prize. The recognition connects Vellex directly with Taiwan's world-leading semiconductor ecosystem to advance its analog computing technology.
Vellex's mission is to empower the next generation of AI by making model training dramatically faster and cheaper than cloud-based alternatives, powered by its patented, physics-based Analog Intelligence architecture.
According to the NSTC's official announcement, the competition was created "to strengthen Taiwan's brand as the world's largest IC startup cluster and attract top global technology talent and venture capital." The NSTC added: "This competition selects outstanding teams to establish a presence in Taiwan, leveraging the world's most comprehensive semiconductor industry ecosystem to rapidly support creative implementation."
Selected from this highly competitive global field, Vellex joins Taiwan's semiconductor ecosystem with a fundamentally different approach to AI compute. Unlike conventional digital approaches, Vellex's analog architecture delivers orders of magnitude faster AI training at a fraction of the energy cost. This enables developers across robotics, satellite systems, and industrial IoT to deploy intelligent edge capabilities faster, with greater certainty, and at lower cost.
Vellex will exhibit its analog computing technology at the 2026 ICTGC Awards Ceremony and the InnoVEX international startup expo, held concurrently with COMPUTEX Taipei from June 2 to 5, 2026.
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About Vellex Computing Vellex Computing is a Stanford-spinout analog semiconductor company developing ultra-low-power chips for AI training. Powered by a decade of research and backed by the U.S. National Science Foundation and Department of Energy, Vellex's technology delivers AI training at a fraction of the energy cost of GPU-based solutions. Vellex is headquartered in San Francisco, CA.
About IC Taiwan Grand Challenge (ICTGC) IC Taiwan Grand Challenge (ICTGC) is Taiwan's international competition and deep tech acceleration platform, supporting global innovators in semiconductor, AI, and emerging technology fields. By connecting startups with Taiwan's world-class industrial ecosystem, ICTGC accelerates the journey from prototype to global commercialization. Learn more at ictaiwanchallenge.org.
About InnoVEX Launched in 2016, InnoVEX is Asia's leading startup exhibition platform, held concurrently with COMPUTEX in Taipei. InnoVEX connects startups at any stage with investors, R&D and manufacturing partners, and global ICT companies through networking events and one-on-one matchmaking. Organized by the Taipei Computer Association (TCA) and the Taiwan External Trade Development Council (TAITRA). Learn more at innovex.computex.biz.
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