Intel Acquires Deep Learning Startup Nervana For 0 Million

Advertisement Deep learning startup Nervana has become Intel’s latest acquisition target, in a deal that signals the microprocessor company’s move deeper into the territory of artificial intelligence. While Intel has yet to release official figures, a source familiar with the acquisition says the agreement could be worth more than $400 million, Recode reports. The Next Revolution In Computing? Nervana is known for its advancement of A.I. through a combination of neuroscience, computer engineering and machine learning. The startup believes A.I. “will be the foundation of the next revolution in computing” as it rivals human performance — and Intel shares this belief. In fact, machine learning may prove to be even more revolutionary than cloud computing. Jason Waxman, VP for Intel, predicts people will soon be moving from devices that simply connect to…

Link to Full Article: Intel Acquires Deep Learning Startup Nervana For 0 Million

Pin It on Pinterest

Share This

Join Our Newsletter

Sign up to our mailing list to receive the latest news and updates about and the Informed.AI Network of AI related websites which includes Events.AI, Neurons.AI, Awards.AI, and Vocation.AI

You have Successfully Subscribed!