Categories: TechnologyWorld

Microsoft developing its own AI chip – The Information

Microsoft Corp is developing its own artificial intelligence chip code-named “Athena” that will power the technology behind AI chatbots like ChatGPT, the Information reported on Tuesday, citing two people familiar with the matter.

The company, which was an early backer of ChatGPT-owner OpenAI, has been working on the chip since 2019 and it is being tested by a small group of Microsoft and OpenAI employees, the report said.

According to the report, the chips will be used for training large-language models and supporting inference – both needed by generative AI like the one used in ChatGPT to process massive amounts of data, recognize patterns and create new outputs to mimic human conversation.

Microsoft is hoping the chip will perform better than what it currently buys from other vendors, saving it time and money on its costly AI efforts, the report said. Other big tech companies including Amazon and Google also make their own in-house chips for AI.

So far, chip designer Nvidia  dominates the market for such chips.

Microsoft and Nvidia did not immediately respond to a request for comment.

The rollout is being accelerated by Microsoft following the success of ChatGPT, the report said. The Windows maker earlier this year launched its own AI-powered search engine, Bing AI, capitalizing on its partnership with OpenAI and trying to grab market share from Google.

Source : Reuters

GLOBAL BUSINESS AND FINANCE MAGAZINE

Recent Posts

Our underappreciated international reserve system

The composition of international reserves is in a constant state of flux. This column identifies…

2 days ago

CBDC neutrality, bank liquidity, and the hybrid nature of bank deposits

There are concerns that the widespread adoption of central bank digital currencies could drain bank…

2 days ago

Beyond cost-cutting: How foundational process innovations drive sustained growth

Innovation is widely viewed as the engine of economic growth, but we know surprisingly little…

2 days ago

Tall buildings lead to more compact and productive cities

Land-use regulations, including height limits, affect housing affordability and urban productivity. This column analyses over…

2 days ago

Too fast to adjust: Adoption speed and the permanent cost of AI transitions

Most debate about AI and jobs still starts with the automation frontier: how many tasks…

2 days ago

The EU’s new fiscal rules: First gaps between hopes and outcomes

The 2024 reform of the EU's Stability and Growth Pact introduced medium-term expenditure paths as…

2 days ago