Optimized chips push machine, deep learning to new heights - asmag.com

The tech world's obsession with artificial intelligence is driving companies to develop better, more optimized solutions for running machine learning and deep learning algorithms. The latest chips are not only making AI more available to various industries, they are also driving better efficiency and increased accuracy. When it comes to artificial intelligence (AI), 2018 is looking to be a year of significant growth. This is largely due to big steps being made in machine learning and deep learning. The deep learning market alone is expected to be worth US$1.7 billion by 2022, growing at a compound annual growth rate (CAGR) of 65.3 percent during the forecast period 2016 and 2022, according to a report by market research firm MarketsandMarkets. The report cites the major factors driving growth as the robust R&D for the development of better processing hardware and increasing adoption of cloud-based technology for deep learning.