China's Bitmain dominates bitcoin mining. Now it wants to cash in on artificial intelligence

#artificialintelligence 

Two years ago, a Chinese chip-design expert named Micree Zhan was reading China's seminal science-fiction novel, The Three-Body Problem, by Liu Cixin, while wrestling with how to create a new processor. He had already designed custom chips for the company he co-founded, Bitmain, that had made it into the world's leading bitcoin miner, allowing it to dominate the new, hyper-competitive industry of unearthing bitcoins. Now he needed a chip that could launch Bitmain onto a new trajectory, one that would help it master a world-altering technology called deep learning, a branch of artificial intelligence. While performing his nightly meditation, a practice he has kept up for nearly a decade, it suddenly came to Zhan. "It was late at night, and something inspired me--Sophon!" he recalls. A sophon is a fictional proton-sized supercomputer from The Three-Body Problem that is sent by an alien civilization to halt scientific progress on Earth. The aliens use it to take over Earth when their own planet is destroyed by the chaotic gravitational forces of its three suns.

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