The strong demand of computing power for artificial intelligence (AI) and machine learning is accelerating the race to develop cheaper and faster AI chips. The AI chip market was valued $10.6 billion in 2021 and the total revenue is expected to reach $79.8 billion by 2027.aa.[Online]. Available: https://www.maximizemarketresearch.com/market-report/global-artificial-intelligence-chipset-market/66849/. To be part of the market, tech giants from different countries have been successively joining the race, while AI chip startups attracting billions of dollars are taking off like a rocket.
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