Reuters / VentureBeat - 1 year ago
  • Alibaba will set up a dedicated chip subsidiary and aims to launch its first self-developed AI inference chip in the second half of 2019 that could be used for autonomous driving, smart cities and logistics.
  • The Chinese firm said at an event in Hangzhou on Wednesday that the new subsidiary would make customised AI chips and embedded processors to support the firm’s push into fast-growing cloud and internet of things (IoT) businesses.
  • Alibaba’s aggressive drive to develop its own semiconductors comes as China’s government looks to raise the quality of home-made chips to help propel high-tech domestic industries from cutting-edge transport to AI healthcare systems.
  • In April, Alibaba bought a Chinese microchip maker Hangzhou C-SKY Microsystems to help bolster its cloud-based “internet of things” (IoT) business.