Jack Ma, the founder of the e-commerce giant Alibaba, said the company is going to double its chip business. The company wants to launch its first AI-based chip in the second half of 2019.
According to the US site Engadget, the chip is expected to target self-driving vehicles and smart products. The move comes after the company announced in April that it had started testing its own vehicle technology.
The Chinese government is seeking to raise the level of locally produced chips – especially for transportation and health care – in an effort to increase its status as a leading innovator in technology, but also to avoid over-dependence on the United States. In June, for example, President Donald Trump imposed a 25 percent tariff on Chinese goods worth $ 50 billion.