Intel Buys Nervana Systems, Expands Artificial Intelligence

Following the lead of Apple and other tech giants, Intel is investing in deep learning and artificial intelligence with the acquisition of Nervana Systems. “AI is all around us, from the commonplace (talk-to-text, photo tagging, fraud detection) to the cutting edge (precision medicine, injury prediction, autonomous cars),” Diane Bryant, EVP and general manager of the Data Center Group at Intel, notes in a new blog post. “Encompassing compute methods like advanced data analytics, computer vision, natural language processing and machine learning, artificial intelligence is transforming the way businesses operate and how people engage with the world,” Bryant added. “Machine learning, and its subset deep learning, are key methods for the expanding field of AI.” Financial terms of the deal were not disclosed, but reports put the acquisition at around $408…


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