Monday, May 4, 2020

Artificial Intelligence Chip Market to Witness Robust Expansion Throughout the Forecast Period 2017–2023 – AMD, Google, Intel

Artificial intelligence eliminates or minimizes the risk to human life in many applications. Majority of the major players in the IT industry are competing to develop artificial intelligence (AI) chips and applications.
As the amount of data is increasing, the need for more efficient systems to solve mathematical and computational problems becomes crucial. Further, the emergence of quantum computing and increase in implementation of AI chips in robotics drive the market growth to a considerable extent. The emergence of autonomous robotics—robots that develop and control themselves autonomously—presents a promising picture of the AI chip market. Lack of skilled workforce is one of the major restraints in the AI chip market. Most of the tasks such as testing, bug fixing, cloud implementation, and others are taken over by AI chips; however, the delivery of such tasks lack essential skillsets.
Major Key Players of the Artificial Intelligence Chip Market are:AMD (Advanced Micro Devices), Google, Intel Corporation, NVIDIA, Baidu, Graphcore, Qualcomm, Adapteva, UC-Davis, Mythic, and others.

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