Mobile Artificial Intelligence Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Mobile Artificial Intelligence Industry Overview

The artificial intelligence (AI) market for mobile devices is very fragmented because there are many players in most parts of the world.Artificial intelligence consists of complex algorithms, which are increasing rapidly in the current market. Nowadays, several industries adopt artificial intelligence-algorithms that are easy to access for complex systems, creating intense competition in the market. Key players are Intel Corporation, Microsoft Corporation, Alphabet Inc. (Google LLC), etc.

In May 2022, Habana Labs, Intel's data center team that works on AI and deep learning processors, announced the release of Habana Gaudi2 and Habana GrecoT, its second-generation machine-learning processors for inference and training.These new chips fill a void in the market by giving clients high-efficiency and high-performance deep learning computing options for both training and inference deployments and data center workloads. They also make it easier for businesses of all sizes to start using AI.

In March 2022, Nvidia Corp. showed off new chips and technology that it says can speed up the processing of AI algorithms that are getting more complicated. The company released specifics of new graphic chips (GPU) that would be at the heart of AI infrastructure, including the H100 chip and a novel processor chipset called the Grace CPU Superchip, both of which are based on the technology of British chip maker Arm Ltd. It's Nvidia's first Arm-based semiconductor since its plan to buy Arm fell through last month.