China’s Bitcoin mining machine makers ramp up R&D on AI chips as supervision toughens

Some manufacturers of Bitcoin mining machines in China are now ramping up efforts to manufacture AI chips amid an intensified nationwide crackdown against cryptocurrency mining-related businesses.
Canaan, a major Chinese maker of Bitcoin mining machines, announced this weekend at the 2021 World Artificial Intelligence Conference in Shanghai the release of the Kendryte K510, an independently designed and developed RISC-V based AI chip…
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SOURCE: GLOBAL TIMES