What is the latest status of the project “CHEETA Program for Energy Efficient AI”?

The status recorded for “CHEETA Program for Energy Efficient AI” is Awarded.

What is the budget and commercial profile for the project “CHEETA Program for Energy Efficient AI”?

Taiyo normalizes the budget of “CHEETA Program for Energy Efficient AI” to USD 10500000.

Where can I verify the source and access all details for “CHEETA Program for Energy Efficient AI”?

This Taiyo project page references Stock Titan along with the original URL (https://www.stocktitan.net/news/MRAM/everspin-awarded-10-5m-contract-to-provide-mram-ip-and-foundry-o20j1su43xa5.html). Taiyo standardizes official data into a consistent, searchable project profile.

CHEETA Program for Energy Efficient AI

Sector: Power Generation (CCGT) • Location: Chandler, Arizona, United States

Source: Stock Titan

Project

Awarded

Everspin Technologies has secured a strategic contract to collaborate with Purdue University on the CHEETA program, which aims to explore MTJ-based In-Memory Compute macros for next-generation neural accelerators using Everspin's AgILYST MRAM technology. The project is expected to significantly reduce memory transaction power and latency compared to traditional methods.

Status: Closed
Sector: Power Generation (CCGT), Education
Location: Chandler, Arizona, United States of America
Updated: 22 Jul 2026
Source: Stock Titan

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Project Information

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The project “CHEETA Program for Energy Efficient AI” is an infrastructure initiative in the Power Generation (CCGT) sector, located in Chandler, Arizona, United States. Taiyo aggregates data on it from Stock Titan.

Participants

Not available for this record.

Status

Original status	Awarded
Taiyo status	Closed
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	Everspin Technologies has secured a strategic contract to collaborate with Purdue University on the CHEETA program, which aims to explore MTJ-based In-Memory Compute macros for next-generation neural accelerators using Everspin's AgILYST MRAM technology. The project is expected to significantly reduce memory transaction power and latency compared to traditional methods.
Original sector	Technology
Budget

Location

Country	United States of America (USA)
State	Arizona
City	Chandler

Source

Source	Stock Titan
URL

More Details

Record type	Project
Sector	Power Generation (CCGT), Education
Article published date	2025-03-09

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CHEETA Program for Energy Efficient AI

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