The new report on "Artificial Intelligence Chipsets Market Report 2022 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2030" offered by Market Research, Inc. includes a comprehensive analysis of the market size, geographical landscape along with the revenue estimation of the industry. In addition, the report also highlights the challenges impeding market growth and expansion strategies employed by leading companies in the "Artificial Intelligence Chipsets Market". Artificial intelligence (AI) chips are specialized silicon chips, which incorporate AI technology and are used for machine learning. AI helps in eliminating or minimizing the risk to human life in many industry verticals. The need for more efficient systems for solving mathematical and computational problems has become crucial, as the volume of data has increased.

Segmentation of cognitive computing market by technology comprises natural language processing, automated reasoning, machine learning, and semantic analysis. Machine learning is anticipated to have the highest CAGR as it is widely used across various applications of cognitive computing and artificial intelligence. Machine learning is deployed by various industries in their operations. Cognitive computing market segmentation on industry verticals include BFSI, healthcare, construction and engineering, oil and gas, retail, education, government and defense, transportation, and others. The healthcare industry is anticipated to experience a high growth during the forecast time period as it allows doctors and specialists to have access to the data collected from disparate and exogenous sources, take informed decisions, and examine critical attributes of a patient case.

Chatbots are computer programs that simulate human speech through voice commands and or text chat.

IBM chief executive officer Ginni Rometty took the stage at Fortune's Most Powerful Women Summit on Tuesday morning, a day after the company announced its third-quarter earnings. The Armonk, N.Y.-based tech giant reported its 18th straight quarter of declining revenue, but both earnings and sales actually beat analysts' estimates. That was mainly due to growth in the company's cloud and analytics business--which is what Rometty focused on during her moderated conversation with Fortune editor Alan Murray in Laguna Niguel. "Some companies are high-growth," Rometty told the audience. Sign up: Click here to subscribe to the Broadsheet, Fortune's daily newsletter on the world's most powerful women.