AI (Artificial Intelligence) Chip

After years of focus on software development, the technology industry reinvented the importance of semiconductors as it recognizes the significant role that artificial intelligence (AI) chips play in the growing market of AI. 

Artificial intelligence chips are a class of microprocessors designed for applications including machine learning, machine vision, and artificial neural networks. The artificial intelligence technology helps in minimizing the risks associated with human life in many industry verticals. Growth in the internet of things (IoT) sector and developments in smartphone integration is majorly driving the global market. However, lack of skilled workforce is hindering the growth of the artificial intelligence chip market. Rise in adoption in the developing economies is opportunistic for the market.

 

Also known as AI accelerators, AI chips are processors that perform AI-based calculations and other tasks vey fast. The machine learning technology that the chips are built with renders exceptional computing power for training algorithms and running applications that traditional computer chips cannot provide. The range of innovative AI-optimized chipset architectures is constantly expanding with several startups and well-established chip companies launching impressive hardware architectures optimized for machine learning, natural language processing, deep learning, and other areas of AI. 

 

Chief among the new AI chip architectures include graphics processing units (GPUs), application-specific integrated circuits (ASICs), neural network processing units (NNPUs), field-programmable gate arrays (FPGAs), and central processing units (CPUs).

The market for AI chips is driven by the surge in demand for smart homes and smart cities, a considerable growth in AI startups, and the emergence of quantum computing.

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Given the ever-growing demands of AI applications, more chip makers are engaging in activities such as collaboration and launches. Nvidia Corporation, an American technology company recently teamed up with Arm Holdings or Arm, a multinational semiconductor and software design company with the aim of helping IoT chip companies to easily incorporate AI technology into their designs. Baidu, a Chinese technology company unveiled an AI chip to implement fast computing in various AI scenarios. Google, an American tech giant recently developed the third version of its AI-focused chips called Tensor Processing Units (TPUs) to perform a variety of tasks such as word recognition and more. Arm recently unveiled two new AI chips that deliver exceptional computational capability.