China’s AI chip market to exceed 12 bln yuan in 2019: report

China’s market of Artificial Intelligence (AI) chips is expected to reach 12.4 billion yuan (about 1.73 billion US dollars) in 2019, a 50-percent year-on-year growth, according to a report. Chips are one of the core technologies of the AI industry. China’s AI chip market hit 8 billion yuan last year, said the report published by CCID Consulting, a leading Chinese think tank, at the 2019 World Artificial Intelligence Conference.

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