China’s artificial intelligence chip maker Cambricon Technologies Corporation Ltd. aims to have one billion smart devices using its AI processor and own 30% of China’s high-performance AI chip market in three years, the company said at its first product launch in Beijing on Monday. “If we can achieve these two goals, Cambricon will support China’s leading role in the international smart industry ecosystem,” said Chen Tianshi, co-founder and CEO of the company. Cambricon’s ambitious target is in line with the …

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