There are many established and startup companies developing deep learning chips. Google and Wave Computing have working silicon and are conducting customer trials. Chinese AI chip startup has received $100 million in funding. Cambricon Technologies aims to have one billion smart devices using its AI processor and own 30% of China's high-performance AI chip market in three years. Huawei estimates Cambricon chips are six times faster for deep-learning applications like training algorithms to identify images than a GPU.