Intel (INTC) Acquires Nervana Systems

Get instant alerts when news breaks on your stocks. Claim your 2-week free trial to StreetInsider Premium here. Intel (NASDAQ: INTC) said on its website: Artificial Intelligence (AI): Intelligence exhibited by machines Intel is a company that powers the cloud and billions of smart, connected computing devices. Thanks to the pervasive reach of cloud computing, the ever decreasing cost of compute enabled by Moore’s Law, and the increasing availability of connectivity, these connected devices are generating millions of terabytes of data every single day. The ability to analyze and derive value from that data is one of the most exciting opportunities for us all. Central to that opportunity is artificial intelligence. While artificial intelligence is often equated with great science fiction, it isn’t relegated to novels and movies. AI is…


Link to Full Article: Intel (INTC) Acquires Nervana Systems