Chipmaker Micron to Invest $100 Million in Artificial Intelligence Companies
The existing venture operation's returns have been solid, but the company believes it can ultimately sell more memory chips by expanding its involvement in artificial intelligence because the field deals with huge amounts of data that need to be stored on its products, he said at Micron's first artificial intelligence conference in San Francisco where it announced the move. Few of Micron's previous investments were ever publicly disclosed.
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