Could Intel’s Latest AI Partnership Hurt Ambarella?

Last month, Intel (NASDAQ:INTC) purchased computer vision start-up Movidius in a bid to beef up its RealSense depth-sensing cameras with AI capabilities. In late October, Movidius inked a major deal with Hikvision, the world’s biggest surveillance company, to install its low-power Myriad 2 VPUs (visual processing units) into its security cameras. A Myriad 2 reference board (L) and a Hikvision camera (R). Image source: Company websites. The new chips will help Hikvision’s new cameras analyze activity in real-time using artificial intelligence. Hikvision CEO Hu Yangzhong declared that there were huge “gains to be made when it comes to neural networks and intelligent camera systems.” He also noted that “embedded, native intelligence is a major step toward smart, safe, and efficiently run cities.” Hikvision controls about 30% of the global market for security…

Link to Full Article: Could Intel’s Latest AI Partnership Hurt Ambarella?

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