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China Leads AI Microchip Market

19.10.2019

23:24 PST

SF Bay Area, CA – Aggressively, China is moving beyond the "Internet of Things" and social media with growth producing AI microchips. Skillfully, China has increased its global market share in the AI industry to 12.56% in 2018 which accounts for nearly one fifth of the world's AI enterprises. Strategically, cloud computing and big data has accelerated the production of AI microchips as information is used to improve products and services. Meanwhile, computer vision applications, facial recognition, and surveillance security AI-related technologies continue to lead China's growth in the AI industry. Furthermore, industry experts have called for greater sci-tech cooperation with China as sustainable development continues to be a major concern.

Recently, China held its first two-day World Science and Technology Development Forum in Beijing. Eagerly, participants discussed the role that science and technology has in dealing with global issues such as sustainable economic development.

Moreover, President of the Chinese Academy of Sciences Bai Chunli acknowledged, "The world is still facing a series of challenges including climate change, energy resources shortage, food insecurity, cybersecurity threats, environmental pollution, major natural disasters, infectious diseases and poverty. No country can undertake these complicated and uncertain challenges on its own and countries must form a closer cooperation mechanism with the full cooperation of the sci-tech communities of all countries." Steadily, the development of AI microchips form the building blocks and framework for greater momentum in producing judicious products and services.


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