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THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle

Economy

Economy

No formal investigation into AI chips, EU antitrust regulators say

European Commission President Ursula von der Leyen attends a news conference in Brussels, Belgium February 16, 2023. REUTERS/Johanna Geron
European Commission President Ursula von der Leyen attends a news conference in Brussels, Belgium Fe... European Commission President Ursula von der Leyen attends a news conference in Brussels, Belgium February 16, 2023. REUTERS/Johanna Geron
European Commission President Ursula von der Leyen attends a news conference in Brussels, Belgium February 16, 2023. REUTERS/Johanna Geron
European Commission President Ursula von der Leyen attends a news conference in Brussels, Belgium Fe... European Commission President Ursula von der Leyen attends a news conference in Brussels, Belgium February 16, 2023. REUTERS/Johanna Geron

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No formal investigation into AI chips, EU antitrust regulators say. Days after the French competition authorities searched Nvidia (NVDA.O) for suspected anti-competitive conduct, the European Commission said on Monday that EU antitrust officials have not formally begun an inquiry into chips used for artificial intelligence.

When questioned about the case, a representative for the EU executive wrote in an email to Reuters, “There is no official inquiry by the Commission into the subject you allude to. Following the French raid, Nvidia has declined to comment.

Last week, according to Bloomberg News, the EU antitrust authority formally solicited opinions on alleged unfair conduct in the market for graphics processing units. Artificial intelligence chips influence many industries, not just one. Let’s look at some fascinating applications that are changing industries worldwide.

AI chips are transforming diagnosis and treatment in the healthcare industry. They can evaluate medical data with an unmatched level of precision, assisting in the early diagnosis of illnesses and creating individualized treatment regimens. Thanks to AI processors, self-driving vehicles are a reality rather than a sci-fi notion. These processors ‘ real-time processing of sensor and camera data enables cars to travel effectively and securely.

Robotics is evolving at a rapid pace thanks to AI processors. With their enhanced eyesight, dexterity, and decision-making capabilities, robots become indispensable in fields like manufacturing, logistics, and even space exploration. Looking into the future, AI processors appear to have limitless possibilities. The following trends are anticipated to influence the development of AI chip technology in the future:

AI processors are preparing to use the potential of quantum computing, which is soon to be available. This is expected to result in a quantum increase in computing power, making it possible to solve complicated issues that were previously intractable. There are continuous efforts to make AI processors more energy-efficient. Extending the battery life of gadgets that rely on AI processors lessens their environmental effect and broadens the range of uses for such products.

A trend that is picking up steam is the customization of AI processors for certain functions. Customized chips can provide the best performance for unique applications, resulting in more effective and affordable solutions.

In summary, the world of AI chips is dynamic and constantly changing. These technical wonders have overcome their original constraints to become essential instruments for various businesses. We can anticipate even more ground-breaking applications and breakthroughs that will transform how we live and work as AI chip technology develops.


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