subscribe: Daily Newsletter

 

Intel pumps $1bn into AI ecosystem

0 comments

Intel is making a series of investments, totalling about $1-billion, into an artificial intelligence (AI) ecosystem that it hopes will fuel product innovation and AI adoption.
CEO Brian Krzanich says the company is making strategic investments spanning technology, R&D and partnerships with business, government, academia and community groups.
“We are deeply committed to unlocking the promise of AI: conducting research on neuromorphic computing, exploring new architectures and learning paradigms,” he says.
“We have also invested in startups like Mighty AI, Data Robot and Lumiata through our Intel Capital portfolio and have invested more than $1-billion in companies that are helping to advance AI.”
The goal is to make intel the AI platform of choice by offering reliability, performance, security and integration. “We are 100% committed to creating the roadmap of optimised products to support emerging mainstream AI workloads,” Krzanich says.
“AI solutions require a wide range of power and performance to meet application needs, and Intel has the largest selection of options for our customers to choose from.”
Intel’s Nervana AI portfolio include the Intel Xeon Scalable family of processors, Intel Mobileye vison technologies, Intel FPGA programmable accelerators and Intel Movidius low-power vision technology for edge learning.