Intel to Acquire Deep Learning Startup Nervana

Intel is placing a bet on artificial intelligence today, announcing plans to acquire chip startup Nervana. Intel didn’t waste a lot of time. Nervana, based in San Diego, was founded only in 2014 and raised a $20.5 million Series A round last year. Terms of the deal were not disclosed. Related Articles Nervana is one of what’s likely to be a growing contingent of startups focusing on deep learning. It’s an area similar to machine learning but smarter; deep-learning systems don’t need as much human intervention in order to develop knowledge. Another deep-learning startup is Deep Instinct, a security specialist that launched late last year and talked to SDxCentral at last week’s Black Hat conference. Deep Instinct’s deep-learning system is based on graphical processing units (GPUs), chips built to handle…


Link to Full Article: Intel to Acquire Deep Learning Startup Nervana