Intel Invests heavy in Artificial Intelligence; Buys Nervana in a 8 Million Dollar Deal

Advancement in artificial intelligence would seem to be the latest trend in the technology market as big players like Google and apple has notably invested heavily in the acquisition of start-ups’ in this field. Intel has refused to be left out of the picture as they recently paid about $408 million to acquire fast rising artificial intelligence company, Nervana. In a statement, Jason Waxman, title vice president, told the press that the acquisition is inline with intel’s future project, and he believes the power of artificial intelligence will expose the use of cloud computing to whole new level. He said there is an increased need for a shift from the norm where devices are entirely dependent on control to a new level where-where billions of computers are interacting and networking…


Link to Full Article: Intel Invests heavy in Artificial Intelligence; Buys Nervana in a 8 Million Dollar Deal