Intel, Apple Add to Artificial-Intelligence Deal Wave

ENLARGE Intel Corp. on Tuesday announced plans to acquire Nervana Systems, a company that works on semiconductors, software and services to exploit so-called deep learning. Photo: Getty Images By Don Clark Don Clark The Wall Street Journal CANCEL Biography @donal888 www.facebook.com/DonClark Don.Clark@wsj.com Aug. 9, 2016 4:00 p.m. ET 0 COMMENTS Tech giants are hurriedly snapping up startups in the field of artificial intelligence, with Intel Corp. INTC -0.37 % the latest to join a buying spree fueled by one of the hottest trends in the tech sector. The chip giant on Tuesday announced plans to pay an undisclosed amount for Nervana Systems, a 48-employee company working on semiconductors, software and services to exploit a popular AI technique called deep learning. Intel’s move follows a deal disclosed Friday by Apple Inc. AAPL 0.41 % to…


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