Intel Acquires Movidius To Accelerate ‘Computer Vision’ Development

Less than a month after acquiring a startup developing a new computer chip for deep learning, Intel is adding another artificial intelligence company to its portfolio. The addition of Movidius is aimed at boosting Intel’s RealSense technology for “computer vision.” While neither company disclosed a figure for the deal, Ireland’s public service broadcaster RTE reported the purchase price was around $362 million.Founded in 2006 and based in San Mateo, Calif., Movidius designs computer chips for vision processing. Intel said the technology will help bring its own RealSense perceptual computing platform “to fruition.” Giving ‘Sight to Smart Devices’ “The ability to track, navigate, map and recognize both scenes and objects using Movidius’ low-power and high-performance SoCs [systems on chips] opens opportunities in areas where heat, battery life and form factors are…

Link to Full Article: Intel Acquires Movidius To Accelerate ‘Computer Vision’ Development

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