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The Information: Amazon plans to develop AI chips

Published 02/12/2018, 10:19 AM
© Reuters.  The Information: Amazon plans to develop AI chips
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  • Amazon (AMZN +0.9%) plans to become an AI chipmaker, according to The Information sources.
  • The chips would let Alexa devices respond faster to commands and are in development using tech brought in with the $350M acquisition of Israeli chipmaker Annapurna Labs three years ago.
  • Last December’s Blink acquisition brought more chip-making tech to Amazon. The startup was founded as Immedia Semiconductor and built chips for low-power video compression.
  • Amazon Web Services might be working on an AI chip for data centers.
  • Amazon shares are up 0.9%.
  • Previously: Amazon paid $90M for Blink technology (Feb. 12)
  • Now read: Amazon's Magic Weapon To Become A Trillion Company


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