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The evolution of artificial intelligence (AI) and neural network theories has revolutionized the way software is programmed, shifting from a hard-coded series of codes to a vast neural network. However, this transition in engineering software has faced challenges such as data scarcity, multi-modality of data, low model accuracy, and slow inference. Here, we propose a new network based on interpolation theories and tensor decomposition, the interpolating neural network (INN). Instead of interpolating training data, a common notion in computer science, INN interpolates interpolation points in the physical space whose coordinates and values are trainable. It can also extrapolate if the interpolation points reside outside of the range of training data and the interpolation functions have a larger support domain. INN features orders of magnitude fewer trainable parameters, faster training, a smaller memory footprint, and higher model accuracy compared to feed-forward neural networks (FFNN) or physics-informed neural networks (PINN). INN is poised to usher in Engineering Software 2.0, a unified neural network that spans various domains of space, time, parameters, and initial/boundary conditions. This has previously been computationally prohibitive due to the exponentially growing number of trainable parameters, easily exceeding the parameter size of ChatGPT, which is over 1 trillion. INN addresses this challenge by leveraging tensor decomposition and tensor product, with adaptable network architecture., Comment: 9 pages, 3 figures