There are two undeniable trends these days: major tech players want their own silicon and the new class of uber-rich want to own classy publications. 🗞️
I’m more interested in the first trend (though the second could have interesting implications in this era of doom for publishers). Alibaba is the newest tech giant to announce they are making their own AI chips. 🏭
The chip will reportedly power the company’s cloud technology and IoT devices, and could be used for things like autonomous cars, smart cities and logistics.
This time it’s bigger than just wanting full control and integration. This move is also to reduce Alibaba’s reliance on the West and the impact of the shiny new trade war between China and the US. It also plays nicely into China’s national plan to be the AI superpower of the world. 💪 🇨🇳