Changing chipset industry: Patenting trends in AI hardware

Abstract

As the world becomes more digitized and automatized, advanced technologies gain significant prominence in the industrial spectrum. It becomes essential for the processes to function faster, smoother and, if not more, maintain similar efficiency levels simultaneously. This demand for an accelerated growth required high computational power, higher data storage capacities, and the ability to be adapt quickly and make decisions to the changing conditions. There is a need for processing a rapidly growing volume of data. This is the key factor impacting the growth of the Al chipset market. There is increasing volume of data majorly attributed to social media and E-commerce penetration. For, instance E-commerce users, only in India, generate over 30-40 TB of data daily. The increased need for real-time networking across industry sectors such as manufacturing, automobile, transportation, energy & utility, aerospace, and oil & gas running parallelly with the adoption of need of technologies like speech recognition, security systems, recommendation systems, medical imaging, and better supply-chain management are all driving the AI industry. Spike in the need for AI technologies brought about a parallel in the semiconductor industry, where the industry players started focussing on hardware explicitly designed to support the tech-heavy Al applications. These Al chipsets are continuously being researched about and being developed from all across the world.