Max A. Cherney / Protocol:

PitchBook: global AI chip sales grew 60% YoY to $35.9B in 2021; semiconductor startups got $1.8B in VC funding in 2021, up from $1.4B in 2020 and $1.1B in 2019  —  The raw computational power necessary to use machine learning has dwarfed everything else we use computer chips to accomplish by an order of magnitude.