Are AI-enabled chips changing the world?

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When the world is all active and adapting itself with the new tech innovations, there is still space for the latest developments. A much closer look at the current Artificial Intelligence applications will assure the new set in technology, AI chips. From cars, smartphones, to healthcare, and every other field growing with AI, AI chips have built their position in the world so well. They are specifically designed to transform the world of computing with their intensive processing capabilities and speed.

Bill Dally, Nvidia’s chief scientist states the need for focusing on more specialized chips which can overshadow the GPU chips and are good at handling various computations. The increased demand for AI chips has convinced VCs to spend around 1 billion USD. Companies BMW and Microsoft have spent around 200 billion to the Graphcore to develop more AI-enabled applications including AI chips. According to Allied Market Research, the global AI chip market is predicted to reach $91.185.1 million by 2025 with a CAGR of 45.2% from the year 2019 to 2025.

What AI chips do?

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