On July 20, Actions Technology unveiled that it has achieved remarkable strides in the development of its second-generation in-memory computing technology. When pitted against its first-generation counterpart, the second-generation iteration substantially boosts computing prowess, accommodates larger-scale models, and has been thoroughly optimized for energy efficiency, utilization, and quantization precision. SoC chips integrating this technology are slated for tape-out this year, with widespread adoption across various brands and product lines anticipated in the coming year. Concurrently, Actions Technology is actively channeling investments into the establishment of an AI development tool platform, aiming to cultivate an ecosystem and assist clients in adapting AI models more efficiently. As R&D efforts forge ahead, the application domains of the company's edge AI chips are set to progressively broaden from the audio sector to other markets, propelling the transition of edge AI technology from a conceptual stage to the consumer market.