AI Predictions 2022

Artificial intelligence (AI) applications have become more integrated into the fabric of business success than many would have imagined even a few years ago. In the last year alone, AI innovation witnessed many big waves, from the advancements in edge AI and computer vision to data center modernization and specialized AI chips, to AI designing those very chips. These milestones of progress are unlocking exciting opportunities for the industry. This AI revolution is also driving the need for an entirely new generation of AI systems-on-chip (SoCs). By 2026, the global market value for AI chipsets is expected to grow to more than $70 billion from $8 billion in 2019, as the surge in IoT devices with machine-learning capabilities and the development of smart cities propels the market.