There was a lot going in the internet of things (IoT) realm recently, particularly on the hardware side of things as prestigious academic institution MIT revealed a number of new technological
breakthroughs. Among them was a new chip that can take the power of neural networks, capable of crunching huge amounts of data, and put them natively on your smartphone. The special-purpose chip can not only speed up the rate of computation in neural networks by a factor of seven, it also manages to reduce its power consumption by up to 95pc.
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