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Meituan backs chip startup as Chinese giants pour money into space

January 18, 2022
Source: bollyinside.com bollyinside.com
News Snapshot:
And e-commerce giant Alibaba took the wraps off its own piece of silicon designed to go into servers in a data center. Food delivery giant Meituan is the latest big technology company to invest in a chip company with its backing of Axera. Axera’s products are focused on AI chips for the field of computer vision. This relates to the way that computers can analyze and process large amounts of images and could be used in areas such as facial recognition. But this requires large amounts of computing power that can be aided by specialized computer vision chips. The start-up...
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Tags: AI | Alibaba | applications | artificial intelligence | Business | Chinese | chip | chips | computer | Computing | data | data center | delivery | e-commerce | facial recognition | food | Giant | Google | IT | Meituan | news | online shopping | power | search engine | technology

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