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Artificial Intelligence

Artificial Intelligence (AI) Chipsets Market to Exhibit an Exceptional CAGR of 38.9% by 2027; Implementation of Risk Management Solutions to Intensify Development, states Fortune Business Insights™

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Pune, India, July 16, 2021 (GLOBE NEWSWIRE) — The global artificial intelligence (AI) chipsets market size is expected to reach USD 108.85 billion by 2027, exhibiting a CAGR of 38.9% during the forecast period. The increasing implementation of 3D technology along with neural networks & deep learning technologies will promote the healthy growth of the market during the forecast period, states Fortune Business Insights, in a report, titled “Artificial Intelligence (AI) Chipsets Market Size, Share & COVID-19 Impact Analysis, By Chipset Type (Graphics Processing Unit (GPU), Field Programmable Gate Arrays (FPGAs), Application-specific Integrated Circuit (ASIC) and Others), By Application (Natural Language Processing (NLP), Robotic Process Automation (RPA), Machine Learning, Computer Vision and Others), By Computing Technology (Cloud Computing and Edge Computing), By Function (Training and Inference), By Industry (Consumer Electronics, Healthcare, BFSI, IT & Telecom, Manufacturing, Automotive, Retail, and Others), and Regional Forecast, 2020-2027.” The market size stood at USD 8.14 billion in 2019.

The whole world is battling with the novel coronavirus, leaving numerous industries distraught. The authorities of several countries have initiated lockdown to prevent the spread of this deadly virus. Such plans have caused disturbances in the production and supply chain. But, with time and resolution, we will be able to combat this stern time and get back to normality. Our well-revised reports will help companies to receive in-depth information about the present scenario of every market so that you can adopt the necessary strategies accordingly.

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The report on AI Chipsets Market accentuates:

  • All-inclusive analysis of the AI Chipsets Market
  • Dynamic insights into the segments
  • Extensive data about dominant regions
  • Key information about prominent players
  • Latest developments
  • AI Chipsets Market drivers and restraints
  • COVID-19 Influence

Regional Analysis:

Emergence of Startup Companies to Propel Market in Asia Pacific

Asia Pacific is expected to dominate the global Artificial Intelligence (AI) Chipsets Market owing to the developing economies such as South Korea, India, China. The growing acceptance of AI-based solutions will foster healthy growth of the market in the region. The government of Singapore has created an AI Ethics Advisory Council as a part of its AI Strategy to deploy AI applications across various industries in 2018.

The strong startup ecosystem is expected to further drive the market in Asia Pacific. Europe is expected to hold the largest share in the global market owing to the presence of AI solution providers in the European countries. The growing focus on R&D investments coupled with the adoption of AI technologies will consequently bolster the growth of the market in Europe. The Middle East and Africa is expected to grow rapidly during the forecast period owing to the smart city initiatives in the region.
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Popularity of AI-based Solutions to Boost Market During Coronavirus

The production of AI chipsets has been greatly affected by the coronavirus. According to the index of industrial production (IIP) data, in 2020, the manufacturing sector production registered a decline of 11.1% in July, as covid-19 lockdown slows down the manufacturing process.

However, the demand for such chipsets has improved immensely during the pandemic because of the adoption of AI among various industries.  Various industries such as automotive, manufacturing, and others have implemented AI solutions to ease up processes. Besides, the focus on advanced AI-based solutions by prominent players will aid the market amid coronavirus. For instance, in May 2020, Nvidia Corporation expanded its EGX Edge AI platform by introducing new products called the EGX Jetson Xavier NX and EGX A100.

AI Chipset Market Report Scope and segmentation:

Report Coverage Details
Forecast Period 2020 to 2027
Forecast Period 2021 to 2028 CAGR 38.9%
2027 Value Projection USD 108.85 Billion
Base Year 2019
Market Size in 2019 USD 8.14 Billion
Historical Data for 2016 to 2018
No. of Pages 160
Segments covered Chipset Type, Application, Computing technology, Function, Industry
Growth Drivers Popularity of AI-based Solutions to Boost Market During Coronavirus
Rapid Digital Transformation to Drive CRM Market Growth
Emergence of Startup Companies to Propel Market in Asia Pacific
Pitfalls & Challenges Lack of Skilled AI Workforce to Inhibiting the Market

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Key Development:

July 2019: MediaTek Inc. announced the launch of its new AI chipset – “MTK i700” that is featured with high-speed edge AI computation for rapid image recognition, AR applications, smart homes, stores, and factories, etc.

The Report Lists the Key Companies in the Artificial Intelligence (AI) Chipsets Market:

  • NVIDIA Corporation (California, United States)
  • Intel Corporation (California, United States)
  • Xilinx, Inc. (California, United States)
  • Samsung Electronics Co., Ltd. (Suwon-si, South Korea)
  • Micron Technology, Inc. (Idaho, United States)
  • Kneron (California, United States)
  • Alibaba Group Holding Limited (Hangzhou, China)
  • Qualcomm Technologies, Inc. (California, United States)
  • International Business Machines Corporation (IBM) (New York, United States)
  • Alphabet Inc. (Google LLC) (California, United States)
  • Microsoft Corporation (Washington, United States)
  • Amazon Web Services (AWS) (Washington, United States)
  • Advanced Micro Devices, Inc. (AMD) (California, United States)
  • General Vision, Inc. (California, United States)
  • Huawei Technologies Co., Ltd. (Shenzhen, China)
  • Graphcore Limited (Bristol, United Kingdom)
  • MediaTek Inc. (Hsinchu, Taiwan)
  • Fujitsu Limited (Tokyo, Japan)
  • Wave Computing, Inc. (California, United States)
  • Mythic Inc. (Texas, United States)
  • Koniku Inc (California, United States)
  • Tenstorrent Inc. (Ontario, Canada)
  • SambaNova Systems Inc (California, United States)
  • Kalray Corporation (Isere, France)
  • XMOS Limited (Bristol, United Kingdom)
  • GreenWaves Technologies (Isere, France)

Quick Buy – Artificial Intelligence (AI) Chipsets Market

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Table Of Content:

  • Introduction
    • Definition, By Segment
    • Research Methodology/Approach
    • Data Sources
  • Key Takeaways
  • Market Dynamics
    • Macro and Micro Economic Indicators
    • Drivers, Restraints, Opportunities and Trends
    • Impact of COVID-19
      • Short-term Impact
      • Long-term Impact
  • Competition Landscape
    • Business Strategies Adopted by Key Players
    • Consolidated SWOT Analysis of Key Players
    • Porter’s Five Force Analysis
    • Global Artificial Intelligence (AI) Chipsets Market Share Analysis and Matrix, 2019
  • Key Market Insights and Strategic Recommendations
  • Profiles of Key Players (Would be provided for 10 players only)
    • Overview
      • Key Management
      • Headquarters etc.
    • Offerings/Business Segments
    • Key Details (Key details are subjected to data availability in public domain and/or on paid databases)
      • Employee Size
      • Key Financials
        • Past and Current Revenue
        • Gross Margin
        • Geographical Share
        • Business Segment Share
    • Recent Developments
  • Primary Interview Responses
  • Annexure / Appendix
    • Global Artificial Intelligence (AI) Chipset Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2016-2027
      • By Chipset Type (Value)
        • Graphics Processing Unit (GPU)
        • Field Programmable Gate Arrays (FPGAs)
        • Application-specific Integrated Circuit (ASIC)
        • Others (Central Processing Unit (CPU), etc.)
      • By Application (Value)
        • Natural Language Processing (NLP)
        • Robotic Process Automation (RPA)
        • Machine Learning
        • Computer Vision
        • Others (Context-aware Computing, etc.)
      • By Computing Technology (Value)
        • Cloud Computing
        • Edge Computing
      • By Function (Value)
        • Training
        • Inference
      • By Industry (Value)
        • Consumer Electronics
        • Healthcare
        • BFSI
        • IT & Telecom
        • Manufacturing
        • Automotive
        • Retail
        • Others (Government, etc.)
      • By Region (Value)
        • North America
        • South America
        • Europe
        • Middle East & Africa
        • Asia Pacific

TOC Continued…!

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Video Streaming Market Share, Size & Industry Analysis, By Component (Hardware, Software, Content Delivery Services), By Streaming Type (Live Video Streaming, On-demand Video Streaming), By Streaming Model (Advertisement-based, Subscription-based, Transactional-based/Rental), By Deployment (On-Premise, Cloud), By End-Use (Commercial, Residential), and Regional Forecast, 2020-2027

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Europe Cloud Managed Networking Market Size, Share & COVID-19 Impact Analysis, By Type (Hardware, Software, and Cloud Services), By Deployment (Public Cloud, and Private Cloud), By Enterprise Size (Small & Medium Enterprises (SMEs) and Large Enterprises), By Industry (Telecom & IT, Retail, Media & Entertainment, Educational Institutions, and Others) and Country Forecast, 2020-2027

About Us:

Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.

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Read Press Release https://www.fortunebusinessinsights.com/press-release/global-artificial-intelligence-ai-chipsets-market-10357

Artificial Intelligence

XtalPi Unveils XtalGazer: A Comprehensive AI-Driven Polymorph Selection Platform

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xtalpi-unveils-xtalgazer:-a-comprehensive-ai-driven-polymorph-selection-platform

CAMBRIDGE, Mass., March 28, 2024 /PRNewswire/ — XtalPi Inc., a leading global technology company in integrating artificial intelligence (AI) and robotics to advance the discovery of groundbreaking medicine and innovative materials, announced today the launch of its proprietary comprehensive solid form discovery and selection platform, XtalGazer. This advanced platform aims to significantly improve the polymorph selection process for the pharmaceutical industry by integrating AI- and automation-powered experimental and computational approaches.

XtalGazer provides a total solution for delivering high-quality polymorph screening and selection methods to expedite drug development and mitigate risks. It represents a paradigm shift in solid-state research, moving from the traditional trial-and-error approach to a data-driven, design-led methodology. The platform provides an expansive suite of foundational tools to accelerate polymorph discovery, characterization, and selection process, empowering pharmaceutical companies to conduct thorough research with less active pharmaceutical ingredient (API) in shorter development cycles.
A key component of XtalGazer is XtalCSP, a crystal structure prediction platform to perform global searches of crystal structures for target molecules and the other optional components in the corresponding searching space, offering a deep insight into possible stable forms. Furthermore, crystallization strategy recommendations will provide AI-backed experimental design to help avoid human bias. XtalGazer also utilizes MicroED to rapidly elucidate crystal structures from powder samples, reducing the need for growing single crystals.
XtalPi’s launch of XtalGazer marks another significant step in the company’s ongoing exploration of solid-state research. From crystal structure prediction platforms being one of the first products to launch at XtalPi, to today’s comprehensive polymorph selection platform, XtalPi will keep fulfilling its promise to solving challenging problems in this space. XtalPi will continue to deliver faster, more accurate, and more comprehensive approaches to building an ecosystem for the R&D process in solid-state, pre-formulation and crystallization.
For more information about XtalPi, please visit www.xtalpi.com.
About XtalPi:
XtalPi is an innovative technology company powered by artificial intelligence (AI) and robotics. Founded in 2015 on the MIT campus, XtalPi is dedicated to driving intelligent and digital transformation in the life science and new materials industries. With tightly interwoven quantum physics, AI, cloud computing, and large-scale clusters of robotic workstations, XtalPi offers a range of technology solutions, services, and products to accelerate and empower innovation for biopharmaceutical and new materials companies worldwide.
Media Contact: Vivienne [email protected]
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Artificial Intelligence

ICIS and Base Oil News Announce Partnership to Enhance Market Insights

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LONDON, March 28, 2024 /PRNewswire/ — ICIS, a global source of commodity intelligence, is pleased to announce a strategic partnership with Base Oil News, a premier news outlet founded by industry expert Iain Pocock that provides in-depth coverage of the base oils and lubricants market. This collaboration marks a significant milestone in the dissemination and exchange of critical market data and insights.

With more than two decades of journalism experience at Bloomberg, Reuters, and Argus Media, Iain Pocock brings unparalleled expertise to this partnership. His deep understanding of illiquid energy markets makes him a credible and influential figure in the industry. Since November 2023, Iain has been working closely with ICIS to share and exchange valuable data and insights, enhancing the services both platforms offer to the base oils and lubricants market.
Through the collaboration, Iain integrates ICIS’ extensive content and data resources in Base Oil News market coverage. In return, he contributes market insights to ICIS News, including expert and exclusive analysis of supply and demand dynamics, price margins, and other critical market drivers. This exchange ensures that subscribers of both ICIS and Base Oil News have access to the most comprehensive, timely, and accurate market information, empowering them to make informed decisions.
“It’s a very exciting partnership – where we leverage each other’s strengths and provide actionable insights to our customers,” said Iain Pocock, Founder of Base Oil News. “The market is the winner.”
“As ICIS is already the world’s most trusted pricing benchmark for base oils, this collaboration with Iain Pocock and Base Oil News provides an even stronger and deeper service to our customers,” said Stephen Burns, Editorial Director at ICIS. “Iain’s expertise and extensive industry connections are invaluable, and we have established a fruitful partnership that benefits the market at large.”
For the latest insights from Iain Pocock on ICIS News, visit ICIS News.  
About ICIS
ICIS – Independent Commodity Intelligence Services – helps businesses through seamlessly delivering data and analytics, across the chemical, fertilizer and energy markets. A trusted source and benchmark for price information and insight across key commodities markets worldwide. Our independent, transparent market intelligence informs thousands of quality decisions every day, taking the pressure out of negotiations and giving customers space for more innovative thinking, through published datasets including price assessments, price forecasts, supply and demand fundamentals and more.
Over 150 years of shaping the world by connecting markets to optimise the world’s valuable resources. With a global team of more than 600 experts, ICIS has employees based in London, New York, Houston, Karlsruhe, Milan, Mumbai, Singapore, Guangzhou, Beijing, Shanghai, Dubai, Sao Paulo, Seoul, Tokyo and Perth.
ICIS is part of RELX, a FTSE15 company with a market cap of £64bn and an employee base of over 30,000 experts across 40 countries.
About RELX
RELX is a global provider of information and analytics for professional and business customers across industries. The Group serves customers in more than 180 countries and has offices in about 40 countries. It employs approximately 30,000 people of whom almost half are in North America. RELX PLC is a London listed holding company which owns 52.9% of RELX Group. RELX NV is an Amsterdam listed holding company which owns 47.1% of RELX Group. The shares are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX and RENX. Total market capitalisation is approximately £64bn | €75bn | $81bn.
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Artificial Intelligence

Trianz Welcomes Israel Abraham as Vice President of Services for Extrica.ai – The Data to AI Platform

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SANTA CLARA, Calif., March 28, 2024 /PRNewswire/ — Digital transformation technology & services company Trianz is pleased to announce the appointment of Israel Abraham as Vice President of Extrica Platform Services.

Trianz has embarked on a transformative journey, redefining its value proposition with an ‘IP Led’ model, with a commitment to deliver the fastest time to value, lowest human dependence, and highest ROI. Central to this approach are our hyper-automated platforms, Concierto.Cloud, Extrica.AI, and Pulse, driving industry-leading transformations in cloud, data and analytics, AI, and the digital workplace.
Israel Abraham is a very well-known pioneer and industry leader in AI, data management, and analytics systems, with over three decades of experience. He joins as the services leader for Extrica- the Trianz Data to AI platform, which productizes data, provides data a face and purpose, and accelerates time to insights and AI by 50% or more. In the role of Extrica Services leader, Israel will lead the shaping, visioning, and delivery of Extrica.ai based enterprise wide datamesh, BI, and AI solutions for customers worldwide.
“We are thrilled to welcome Israel Abraham to the Trianz family,” said Sri Manchala, CEO of Trianz and author of Crossing the Digital Faultline. “He is a leader in modernization as well as conceptualization of data platforms anew. Israel’s prior background in the industry with financial services and insurance giants underscores our commitment to securing top-tier talent that brings real-world experiences and needs to our technology platforms. As we continue to broaden our footprint in the digital transformation space, Israel’s visionary leadership and practical experience will serve as the cornerstone in accelerating insights and AI to deliver transformative value to our clients.”
Having played pivotal roles in highly reputed and large organizations such as Liberty Mutual Insurance, MassMutual, Safeco, and CNA Insurance, Israel has garnered recognition as a seasoned leader in big data and AI cloud implementations. His accolades include the prestigious 2014 Ventana Research IT Innovation Award, the 2009 Informatica MDM Innovation Award, and three filed Data Engineering patents in the last four years.
“Trianz has been at the forefront of digital innovation, and Extrica.ai is a paradigm shifting data to AI platform that completely changes how analytics and AI are delivered- much faster, taking business ahead of change. I am excited to scale the adoption of the Extrica platform, which has attracted attention from giants across the industry and hyperscalers,” said Israel Abraham. “I look forward to engaging with customers, bringing my own experiences, and collaborating with the talented team at Trianz to further enhance the capabilities of the Extrica Platform Services to transform data & AI strategies, execution, and outcomes for customers.”
About Trianz
Trianz is a leading-edge technology platforms and services company that accelerates digital transformations at Fortune 100 and emerging companies worldwide in data & analytics, digital experiences, cloud infrastructure, and security. Our ‘IP Led Transformations’ approach, informed by insights from a recent global study spanning 20+ industries and 5000+ companies, addresses challenges posed by the rapid pace of AI-driven transformation, digital talent scarcity, and economic uncertainty. Our IP and platforms, including Concierto, Extrica, and Pulse, revolutionize cloud adoption, data analytics, and AI insights, empowering organizations to navigate the complexities of digital transformation seamlessly.
Founded in California and with an organization of over 2,000 associates across the United States and India, Trianz is a Premier Partner of AWS, consistently rated #1 by clients for value delivery over the past five years. Trianz has been ranked as one of the best Consulting Firms by Forbes and has been certified as a Great Place to Work for three years in a row. To learn more about Trianz, email [email protected] or visit www.trianz.com.
Watch Trianz CEO Sri Manchala’s insightful interview with Bloomberg on Partner | Crossing The Digital Faultline & Leading Towards Transformative Success – YouTube and delve deeper into his book Crossing the Digital Faultline at Crossing the Digital Faultline | Trianz.
Trianz Media [email protected] +1-408-387-5800
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