Intel acquires machine-learning start-up Nervana Systems for 8m

Intel’s Diane Bryant with Nervana’s co-founders Naveen Rao, Arjun Bansal, Amir Khosrowshaki and Intel vice president Jason Waxman In a big bet that machine learning will define the future of data centres Intel is acquiring machine-learning start-up Nervana Systems for $408m. Machine learning is the fastest growing form of artificial intelligence (AI). Intel said that because of the pervasive reach of cloud computing, the decreasing cost of computing thanks to Moore’s Law and billions of connected devices generating millions of terabytes of data every single day, AI will be critical to managing this data. Diane Bryant, executive vice president and general manager of Intel’s Data Centre Group said that AI is no longer science fiction in movies and novels. “AI is all around us, from the commonplace (talk-to-text, photo tagging,…


Link to Full Article: Intel acquires machine-learning start-up Nervana Systems for 8m