T-Platforms, the parent company of Russian chipmaker Baikal Electronics, has declared bankruptcy and is auctioning off its assets, including intellectual property related to Baikal processors, one of a few designers of CPUs and system-on-chips from Russia, reports CNews. According to Kommersant, the total value of these assets is estimated at $5 million.
T-Platforms, a Russian company with ambitions to build exascale supercomputers and develop domestic CPUs, was officially declared bankrupt in October 2022. T-Platforms had been among the few Russian companies capable of producing supercomputers that could compete on a global scale. T-Platform's bankruptcy proceedings have led to the auctioning of various assets, including the intellectual property, patents, and shares of Baikal Electronics. The IP is related to the development of Baikal processors, which rely on the Arm and MIPS instruction set architectures.
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