Intel Makes A Big Bet on Deep Learning with Nervana Systems Acquisition

Intel has purchased AI (artificial intelligence) startup Nervana Systems, in a move aimed at shoring up its position in a market generally seen as poised for massive growth. Terms of the deal weren’t disclosed but one report placed the price tag at about $408 million. Nervana Systems’ deep learning technology spans both software and hardware. It has developed a deep-learning software framework called Neon, which is an open source, Python-based language and and large assembly of libraries. It’s also working on the Nervana Engine, an ASIC (application specific integrated circuit) with a unique architectural approach, as the company’s website notes:  Training a deep neural network involves many compute-intensive operations, including matrix multiplication of tensors and convolution. Graphics processing units (GPUs) are more well-suited to these operations than CPUs since GPUs were originally designed for…


Link to Full Article: Intel Makes A Big Bet on Deep Learning with Nervana Systems Acquisition