LightSolver, an early leader in the field of high-performance computing, announced today that it has been named a Technology Pioneer 2025 by the World Economic Forum (WEF).
This prestigious award showcases LightSolver’s cutting edge contribution to the creation of a full-optical Laser Processing Unit (LPU), a new class of computational system that will shape the face of computing by enabling computing and data to be processed at the speed of light.
Celebrating its 25th year, the Technology Pioneer program is a group of early to growth-stage companies from around the world that are involved in the use of new technologies and innovation that are poised to have a significant impact on business and society. LightSolver is one of only 100 startups from 28 countries, all of whom are impacting on their industries.
The central innovation in the LightSolver is the Laser Processing Unit (LPU), which takes advantage of the intrinsic properties of light, and laser interactions in particular, for high-speed, low power computations.
This all-optical method can enable the LPU to solve huge and complex problems — such as combinatorial optimization, computer-aided engineering (CAE) simulations and other scientific workloads — at the speed of light, sidestepping the barriers of the classic electronic computing.
Ruti Ben-Shlomi, CEO and co-founder of LightSolver, said:“We are humbled by the recognition as 2025 Technology Pioneer by the World Economic Forum. “Being recognized as one of the world’s most innovative companies is the strong acknowledgment of our intention to bring a new computing paradigm faster and efficiency to keep up with scalability and sustainability.”
Something like this can only work with lots of users and high complexity (I’m thinking AI etc.) and we think that the future of computation needs solutions to cater for that growing hunger for power – But with power comes responsibility, and it is important to do everything in an environmentally sound way.”
LightSolver will participate in the World Economic Forum’s Centre for the Fourth Industrial Revolution as one of its 2025 Technology Pioneers. The initiative is a great opportunity for LightSolver to work with leading voices, share its perspectives, and influence the new technology agenda, magnifying the global footprint of a project launching soon.
The company was founded in 2019 and its space, energy-efficient LPU that fits into a standard rack unit and runs at room temperature has the potential to serve as a viable alternative to some power and resource thirsty computing methods, including some quantum methods.
Rapid progress in 2020 As an early-stage start-up, it has been a momentous year for LightSolver, founded this year (2020) by former Weizmann Institute physicists Dr. Ruti Ben-Shlomi and Dr. Chene Tradonsky, rapidly gaining momentum and, securing major investments and a €12,5M grant from the Europiean Innovation Council to further develop its all-optical supercomputer.
Today, it’s hard to argue with the fact that this new recognition by the World Economic Forum should be a very natural one as LightSolver becomes, even within the most elite company, a leader in next generation high performance computing.