Israeli startup doubleAI is reportedly set to introduce what it describes as a new category of artificial intelligence (AI).

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The company, whose backers include Nvidia and Dell, calls this new category “code execution” models (CEMs) which place the AI “between code and silicon,” the Wall Street Journal (WSJ) reported Monday (Oct. 19).

The models can help run software and determine how to make code function better, helping companies lower their computing costs, the report said.

Co-Founder and CEO Amnon Shashua told the WSJ the main challenge in making CEMs work was learning how to verify the code. DoubleAI’s breakthrough was finding a method of formally and mathematically performing that verification, he said.

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The company’s first CEM, called “Maxwell,” is designed to address the problem of surging compute costs for running graphics processing units (GPUs) and central processing units (CPUs) by enhancing their performance, the WSJ said.

“More hardware is being built, but the need for compute is rising faster than the ability to build GPUs and CPUs,” Shashua said. “If you can utilize the hardware better, then you can achieve something incredible in terms of savings.”

The WSJ notes that compute prices have jumped as demand has risen and supplies have shrunk. The cost-per-hour of renting computing power from Nvidia H100 chips on a one-year contract has climbed 60% in the last year, the report added, citing data from SemiAnalysis.

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