Intel Bolsters its AI Prowess with the Acquisition of Nervana Systems

The blossoming field of Artificial Intelligence has caught the attention of the world’s largest chipmaker Intel, as the firm has now acquired an US based startup Nervana for an alleged amount of $408 million. Led by co-founder Naveen Rao, Arjun Bansal and Amir Khosrowshaki; Nervana has successfully developed a fully optimized software and hardware stack for deep learning. Artificial Intelligence has become an integral part of the computing world these days and the developments in this field has been faster than expected. Despite that most of you are still in notion that AI is still something whose presence is limited only to science fictions. Fortunately, that’s not the reality. In fact, AI is all around us; and powers various common features we have grown used to. These include talk-to-text, automatic photo…


Link to Full Article: Intel Bolsters its AI Prowess with the Acquisition of Nervana Systems