In a bid to challenge NVIDIA Corp. (NASDAQ:NVDA)’s AI dominance, Asian startups are developing more energy-efficient and cost-effective chips for specific artificial intelligence applications. What Happened: Asian startups are challenging Nvidia’s AI dominance by developing more energy-efficient and cost-effective chips for specific AI applications. These startups are targeting the gap in the market left by Nvidia’s high energy consumption and bulky design, reported Nikkei Asia on Friday. These startups are focusing on two types of AI chips: “inference” chips, used to operate existing AI model…