A Brand New Chip Design will Drive AI Development Analytics Insight

The world is now heading into the Fourth Industrial Revolution, as Professor Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, described it in 2016. Artificial Intelligence (AI) is a key driver in this revolution and with it, machine learning is critical. But critical to the whole process is the need to process a tremendous amount of data which in turns boosts the demand for computing power exponentially. A study by OpenAI suggested that the computing power required for AI training surged by more than 300,000 times between 2012 and 2018. This represents a doubling of computing power every three months and two weeks; a number that is significantly quicker than Moore's Law which has traditionally measured the time it takes to double computing power.