Meituan backs A.I. chip start-up as Chinese tech giants pour money into semiconductors

China laid out seven "frontier" technologies in its 14th Five Year Plan. These are areas that China will focus research on and include semiconductors and brain-computer fusion. Yuichiro Chino | Moment | Getty Images And e-commerce giant Alibaba took the wraps off its own piece of silicon designed to go into servers in a data center. Food delivery giant Meituan is the latest big technology company to invest in a chip company with its backing of Axera. Axera's products are focused on AI chips for the field of computer vision. This relates to the way that computers can analyze and…