Intel Corp. CEO Says Nervana AI Chip Revenue Comes Next Year
In summer 2016, chip giant Intel (NASDAQ: INTC) announced it would acquire a company called Nervana to accelerate its efforts in the small-but-fast-growing market for artificial intelligence and machine learning processors.
With Nervana's technology, Intel hopes to more effectively compete against technologies like NVIDIA's graphics processing units (GPUs), which are more efficient than Intel's general purpose central processing units (CPUs) for specific machine learning tasks.
Image source: Intel.
Source: Fool.com