Is ASIC going to win the Artificial Intelligence race?
An application-specific integrated circuit (ASIC) is a microchip designed for specific applications; for instance, any kind of transmission protocol or a hand-held computer. ASICs are general integrated circuits similar to microprocessors and random-access memory chips, which are incorporated in the PCs. ASICs are used for various purposes, including auto emission control, environmental monitoring, and personal digital assistants (PDAs).
An ASIC is a graphics processing unit (GPU) used for processing graphics algorithms. The core difference between these two is that an ASIC offers an instruction set and libraries, which enable the GPU to be programmed and operated on locally-stored data as an accelerator for numerous parallel algorithms.
Request Sample Report at: www.alliedmarketresearch.com/artificial-intelligence-chip...
In integrated circuit (IC) technology, it is a common procedure that certain tasks are done initially on general-purpose processors followed by field programmable gate arrays (FPGAs) and then custom ASICs. In comparison to other chips, ASICs deliver the best performance, power, and efficiency. However, designing an ASIC chip and getting it to the point of manufacturability may take tens of millions of dollars. Hence, ASICs are mostly used when a market application has reached a certain level at which the advantages of the ASIC solution become compelling.
How are ASIC chips incorporated in AI?
With respect to machine learning and artificial neural networks, several ASICs have become vital components in and after 2018. An example of an ASIC designed for machine learning is the tensor processing unit (TPU). Google has developed a series of ASICs for machine learning called TPUs, which are optimized sources to run open-source machine learning software, TensorFlow that is also developed by Google. In addition, Fujitsu has been planning to launch its chip called the deep learning unit (DLU). Similarly, Bitmain, one of the leaders in cryptocurrency mining, uses the ASIC chips to produce powerful and efficient cryptocurrency miners.
Read about Machine Learning Chip Market at:www.alliedmarketresearch.com/machine-learning-chip-market
Artificial intelligence (AI) has been really heating up these days. Although, the technology has been around for quite some time, but lately, it is getting attention for applications, such as data center analytics, autonomous vehicles, and augmented reality. In the future, AI will be everywhere, be it cars, camera servers, or back ends. An analogy is replacement of a horse with a motor vehicle, which resulted in big-time changes and altered the world dramatically.
What is the current scenario of super 7 companies?
Google crowns itself as an “AI First” company. The AI technology has been in use for some time now and has its role across the entire business, such as search engines, self-driving vehicles, Google cloud, Google home, and several other new and existing products and services. Hence, Google built and took control of its own hardware TPU accelerators and software framework, TensorFlow, on which they build their products and services.
Among the other super 7 members, mainly, Amazon, Alibaba, Baidu, Facebook, Microsoft, and Tencent, it is highly possible that they build their own accelerator, but none of them exhibits the attributes as Google does. However, rest of these companies are close to Google in introducing their own chips, but each has been moving in a different direction.
Baidu has publicly released that it has partnered with NVIDIA for AI initiatives in cloud, home, and autos. Having stated that, it does not mean Baidu cannot create its own chip, but in the current scenario, it concentrates more on its software and services.
Read More on AI Chip at: www.alliedmarketresearch.com/artificial-intelligence-chip...
Microsoft, on the other hand, is the second-largest cloud services provider and consists of more than 5,000 AI engineers. It has been looking forward to dominating AI with the help of its tools and APIs for enterprise customers. However, Microsoft uses Altera FPGAs from Intel in its Azure and Bing infrastructure because the company opines that it gains from a more flexible hardware platform in a fast-changing world. In addition, the company also uses NVIDIA GPUs for training its neural networks.
Lastly, Amazon seems to be the closest to Google because Amazon web services (AWS) is huge, and the organization has been increasingly investing in AI. Although, Amazon prefers the Apache MXNet framework for development of AI, its AWS cloud services for AI support all the major frameworks, making it the open software of AI development. Amazon had previously entered into the ASIC race by acquiring Ana Purna labs in 2012, to remove the costs and latencies required in the AWS infrastructure. However, Amazon prefers to be keen on using FPGAs, owing to their all-programmable nature.
According to a recent report published by Allied Market Research, titled, AI Chip Market by Technology and Application: Global Opportunity Analysis and Industry Forecast, 2017–2023, the global AI chip market was valued at $661 million in 2016, and is projected to reach around $11 billion by 2023, growing at a CAGR of 49.6% from 2017 to 2023.
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
5933 NE Win Sivers Drive
#205, Portland, OR 97220
Toll Free: +1-800-792-5285
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Is ASIC going to win the Artificial Intelligence race? here
News-ID: 1133750 • Views: 496
More Releases from Allied Market Research
Overview Membrane Technology for Food and Beverage Processing Market Size, Share …
Membranes are natural or manufactured substances used for separation. They commonly serve the purpose of filter pads. Membranes, which are semi-permeable in nature (allow only selective compounds/substances to flow pass them) are easy to manufacture. These are gaining popularity in the process industry where purity of products is highly desired. Membranes are available in every shape and size and are required in numerous devices right from the water filter at
Cooking Appliances Market is Predicted to Grow High CAGR from 2019 to 2026
The cooking appliance include products such as microwaves, ovens, cook tops, and range hoods. Modern cooking appliance are used to provide ease to chefs. Also, with rapid depletion of natural resources such as LPG, and other petroleum products, there is an urgent need to use efficient and eco-friendly cooking appliances in kitchen. Key players are developing advance cooking appliances in order to increase their market share, and on the same
Power Bank Market Insights with Statistics and Growth Prediction 2018 to 2025
The growth of the global power bank market is driven by rising in demand for smartphones across the globe and an increase in sales of power banks on online portals & e-commerce websites. However, factors such as emerging trends of wireless charging and improved battery capacity of electronic devices hamper market growth. On the other hand, the development of solar & hydrogen fuel-based power banks and an increase in the
Shale Gas Market 2022 | Business Analysis and Evolutionary Growth
Shale gas is emerging as an ideal energy source, owing to its abundance, low carbon footprint and comparatively low price than conventional energy source such as natural gas, coal, nuclear and hydro. However, the issue of water scarcity due to the hydraulic fracturing technique may hamper its production. Moreover, the unstructured regulatory framework in the European countries may dampen its producers to some extent. The global shale gas consumption is
More Releases for ASIC
Global ASIC Market Thriving on Flourishing Consumer Electronics Industry
For a number of industries including automotive, consumer electronics, and telecommunications, the advent of application specific integrated circuits (ASICs) has been a major boost in terms of achieving greater speeds. These ASICs are designed specifically to perform one certain job and they can be utterly small, which in turn means lesser usage of electricity. In the present times, application specific integrated circuits are found in nearly all electronic devices. Complete Report
ASIC Chip Market: Avalon, Bitmain, ASICMiner, Spards
MarketResearchReports.Biz adds “Global ASIC Chip Market Share, Size, Trends and Forecast Market Research Report” reports to its database. This report provides a strategic analysis of the ASIC Chip market and the growth estimates for the forecasted period. The ASIC Chip Market has been comprehensively detailed in the report with special focus on a range of key elements such as market share, forecast and base figures, CAGR, driving factors, growth restraints, and
Application Specific Integrated Circuit (ASIC) Market 2024 | Top Key Product Typ …
An insightful study, titled “Application Specific Integrated Circuit (ASIC) Market – Telecommunication, Industrial, Automotive, and Consumer Electronics) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2024” has been freshly broadcasted to the vast research repository of Market Research Reports Search Engine (MRRSE). This 130 page research study provides detailed comprehensions and forecasts future growth of the global market with an in-depth study of the factors impacting revenue
Application Specific IC (ASIC) Industry - Analysis and Forecasts by Full-Custom …
Application Specific IC (ASIC) is defined as a non-standard integrated circuit which is designed for a specific use such as particular kind of transmission protocol rather than intended for a general purpose use. These are used in wide range of applications like emission control, environmental monitoring and other personal digital assistants. Rising consumer electronics and telecommunication industry is the major driver which help in surging the growth of ASIC market whereas
ASIC Redesign – The Answer for Discontinued Parts
MAZeT Offers Redesign of Digital and Mixed-Signal ASICs that Delivers Long-Term Availability and Optimization MAZeT GmbH, specialized in the development and custom production of embedded systems and optoelectronics, devised a redesign strategy for digital and mixed-signal ASICs (application-specific integrated circuits) as an answer to discontinued parts. With this move, MAZeT is guaranteeing the future operability of existing electronics developments. “ASICs offer significant benefits compared to standard ICs,” explains Dr. Fred
Admiral Markets launches ASIC licensed office in Australia
Admiral Markets launches ASIC licensed office in Australia • Brings its award winning technology to the Australian and Asian markets • To launch a CFD trading platform Tuesday January 24, 2012 - Admiral Markets has announced that it opened an office in Australia located at 95 Pitt St, Sydney NSW 2000, Australia. Opening an Australian office is a part of Admiral Market’s global expansion strategic plan, as one of the main goals of Admiral Markets