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Meituan backs chip start-up as Chinese giants pour money into space

January 18, 2022
Source: gleeconsultinggroup.com gleeconsultinggroup.com
News Snapshot:
China laid out seven “frontier” technologies in its 14th Five Year Plan. These are areas that China will focus research on and include semiconductors and brain-computer fusion. Yuichiro Chino | Moment | Getty Images 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...
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Tags: AI | Alibaba | applications | artificial intelligence | Business | China | Chinese | chip | chips | computer | Computing | data | data center | delivery | e-commerce | facial recognition | food | Giant | IT | Meituan | online shopping | power | research | start-up | technology

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