Intel Acquires Machine Learning Startup Nervana for Reported 0 Million

Intel announced Tuesday that it is acquiring artificial intelligence startup Nervana Systems to bolster its Data Center Unit. With this new acquisition, the chip giant plans to add a cloud offering, software and future hardware in an effort to improve its products for AI work. The company has declined to disclose the price for the deal, which is expected to close in about a month. Intel buys Nervana Systems to bolster its artificial intelligence efforts Training neural networks is a hot market where companies teach machines how to process voice, image, text and other data types. Forbes explained that the San Diego-based AI firm is working on software and accelerator that is tailored to this task, instead of using a general purpose Graphics Processing Unit (GPU). Founded in 2014, the…


Link to Full Article: Intel Acquires Machine Learning Startup Nervana for Reported 0 Million