Bitmain eyes on developing AI Chip

Crypto Market News

Bitmain is eyeing to enter the AI (artificial intelligence) market after having been successful by processing the huge sale of ASIC. The company recently released Sophon BM1680 chip. The co-chief executive of Bitmain, Jihan Wu stated, “AI requires lots of computations.” Wu quoted that the AI chips would contribute to nearly 40% of the company’s revenue in five years.

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