The age of traditional computers is reaching its limit. Without innovations taking place, it is difficult to move past the technology threshold. Hence it is necessary to bring major design transformation with improved performance that can change the way we view computers. The Moore’s law (named after Gordon Moore, in 1965) states that the number of transistors in a dense integrated circuit doubles about every two years while their price halves. But now the law is losing its validity. Hence hardware and software experts have come up with two solutions: Quantum Computing and Neuromorphic Computing. While quantum computing has made major strides, neuromorphic is still in its lab stage, until recently when Intel announced its neuromorphic chip, Loihi. This may indicate the third wave of Artificial Intelligence. Read More