# We're an AI startup to watch Last updated: 09 August 2024 We were thrilled to spy today that Literal Labs has been featured in EE Times's prestigious “[Silicon 100 Startups to Watch in 2024](https://www.eetimes.com/silicon-100-startups-worth-watching-2024/).” This recognition places us amongst the most promising innovators in the electronics and semiconductor industry, highlighting our cutting-edge work in the field of cheap, [explainable](https://www.literal-labs.ai/explainable-ai/interpretability-vs-explainability.html), and fast edge-AI. EE Times has acknowledged our unique approach to AI, particularly our pioneering work with [Tsetlin machines](https://www.literal-labs.ai/tsetlin-machines/). Developed under the guidance of our founders, Professors Alex Yakovlev and Rishad Shafik, Tsetlin machines operate on principles of [propositional logic](https://www.literal-labs.ai/logical-ai/propositional-logic-ai.html), offering a significantly more energy-efficient alternative to traditional neural networks. EE Times noted that our technology could be up to 10,000× more efficient, making it a potential game-changer in AI's future development. Our inclusion in the list alongside other notable startups such as Analog Inference, Axelera AI, and Hailo Technologies, underscores the impact our work could have on the industry. With the support of industry veterans like Noel Hurley, our CEO, and Jem Davies on our board, Literal Labs is poised to lead a sustainable revolution in AI technology. This honour not only affirms our technological vision but also our strategic direction in addressing the challenges of AI's future, from sustainability to commercial viability. We remain committed to driving forward-edge AI that is not only powerful but also mindful of the environment. Stay tuned as we continue to innovate and shape the future of AI. ### More Visit '[Silicon 100: Startups Worth Watching in 2024](https://www.eetimes.com/silicon-100-startups-worth-watching-2024/)' to read the piece in full. It was authored by Peter Clarke for EE Times and published 09 Aug 2024. ![EE Times](https://www.literal-labs.ai/images/press/ee-times.svg) ### Recent press **[Barclays says we're one to watch in 2026](https://www.literal-labs.ai/about/news/barclays-ai-100-2026.html)** [](https://www.literal-labs.ai/about/news/barclays-ai-100-2026.html) **[Literal Labs wins AI Research & Innovation prize](https://www.literal-labs.ai/about/news/global-ai-excellence-awards.html)** [](https://www.literal-labs.ai/about/news/global-ai-excellence-awards.html) **[Jim Darragh appointed as Non-Executive Chairman](https://www.literal-labs.ai/about/news/jim-darragh-appointed-chairman.html)** [](https://www.literal-labs.ai/about/news/jim-darragh-appointed-chairman.html) **[Next Big Shift in AI with Noel Hurley](https://www.literal-labs.ai/press/ai-next-big-thing-2026.html)** [](https://www.literal-labs.ai/press/ai-next-big-thing-2026.html) **[Tsetlin Machines vs Neural Networks](https://www.literal-labs.ai/press/tsetlin-machine-vs-neural-network.html)** [](https://www.literal-labs.ai/press/tsetlin-machine-vs-neural-network.html) **[The future of AI with Noel Hurley](https://www.literal-labs.ai/press/noel-hurley-london-futurists-podcast.html)** [](https://www.literal-labs.ai/press/noel-hurley-london-futurists-podcast.html) **[Literal Labs CEO Talks Logic, Chips, and AI](https://www.literal-labs.ai/press/noel-hurley-britchips-podcast.html)** [](https://www.literal-labs.ai/press/noel-hurley-britchips-podcast.html) **[AI Innovation Award - we're shortlisted](https://www.literal-labs.ai/about/news/national-ai-awards-2025.html)** [](https://www.literal-labs.ai/about/news/national-ai-awards-2025.html) **[We're still an AI startup to watch](https://www.literal-labs.ai/press/best-ai-startups-2025.html)** [](https://www.literal-labs.ai/press/best-ai-startups-2025.html) **[Literal Labs closes pre-seed round](https://www.literal-labs.ai/press/literal-labs-pre-seed-round.html)** [](https://www.literal-labs.ai/press/literal-labs-pre-seed-round.html) **[Literal Labs raises £4.6M funding](https://www.literal-labs.ai/about/news/literal-labs-funding.html)** [](https://www.literal-labs.ai/about/news/literal-labs-funding.html) **[Compute efficient AI and being on calls with VCs](https://www.literal-labs.ai/press/literal-labs-ai-approach.html)** [](https://www.literal-labs.ai/press/literal-labs-ai-approach.html) **[Literal Labs named sustainable AI challenge finalist](https://www.literal-labs.ai/press/sustainable-ai-extreme-tech-challenge.html)** [](https://www.literal-labs.ai/press/sustainable-ai-extreme-tech-challenge.html) **[Tsetlin Machine & AI sustainability](https://www.literal-labs.ai/press/tsetlin-machine-energy-consumption.html)** [](https://www.literal-labs.ai/press/tsetlin-machine-energy-consumption.html) **[New Standard in Anomaly Detection](https://www.literal-labs.ai/press/sota-mlperf-tiny-anomaly.html)** [](https://www.literal-labs.ai/press/sota-mlperf-tiny-anomaly.html) **[A Step Towards Sustainable AI and Energy Efficiency](https://www.literal-labs.ai/press/sustainable-ai-startup.html)** [](https://www.literal-labs.ai/press/sustainable-ai-startup.html) **[Strategic Innovations in U.K. AI Startup Leadership](https://www.literal-labs.ai/press/uk-ai-startup-strategic-direction.html)** [](https://www.literal-labs.ai/press/uk-ai-startup-strategic-direction.html) **[Call for a 21st Century Industrial Strategy for UK's Tech Ascent](https://www.literal-labs.ai/press/uk-2020s-industrial-strategy.html)** [](https://www.literal-labs.ai/press/uk-2020s-industrial-strategy.html) **[UK's AI Ambitions: Striving Beyond Foreign Investment Shadows](https://www.literal-labs.ai/press/british-ai-startups.html)** [](https://www.literal-labs.ai/press/british-ai-startups.html) **[AI in the UK, its future, the fight for talent, and its regulation](https://www.literal-labs.ai/press/uk-ai-startups.html)** [](https://www.literal-labs.ai/press/uk-ai-startups.html) **[Literal Labs: Arm's Influence Fuels the Tsetlin Machine Revolution](https://www.literal-labs.ai/press/literal-labs-arm-staff.html)** [](https://www.literal-labs.ai/press/literal-labs-arm-staff.html) **[Literal Labs: Harnessing Arm's Legacy to Forge AI Innovation](https://www.literal-labs.ai/press/literal-labs-arm-team.html)** [](https://www.literal-labs.ai/press/literal-labs-arm-team.html) **[Revolutionizing AI: Greener Approach with Energy-Efficient Technology](https://www.literal-labs.ai/press/literal-labs-shift-no-neural-networks.html)** [](https://www.literal-labs.ai/press/literal-labs-shift-no-neural-networks.html)