The emergence of artificial intelligence and machine learning techniques is changing the world dramatically with novel applications such as internet of things, autonomous vehicles, real-time imaging processing and big data analytics in healthcare. In 2020, the global data volume is estimated to reach 44 Zettabytes, and it will continue to grow beyond the current capacity of computing and storage devices. At the same time, the related electricity consumption will increase 15 times by 2030, swallowing 8% of the global energy demand. Therefore, reducing energy consumption and increasing speed of information storage technology is in urgent need.
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Source: Phys.org