Intel To Challenge Nvidia With The Acquisition of Nervana Systems

The leading microprocessor manufacturer, Intel (NYSE:INTC), recently entered into a definitive agreement to acquire the deep learning technology startup Nervana Systems.  The acquisition was announced in an editorial blog by Diane Bryant, executive vice president and general manager of Intel’s Data Center Group. She states that Nervana has a fully-optimized software and hardware stack for deep learning and has the advanced expertise in accelerating deep learning algorithms, which can help Intel expand its capabilities in the field of AI (artificial intelligence). Intel’s Data Center Group constituted around 29% of the total revenues for Intel in 2015. And the group commands more than 90% market share of the data center microprocessor market. It is notable, however, that in the High Performance Computing (HPC) segment of the market, a new entrant has been gaining traction, Nvidia (NYSE:NVDA). The graphics  processing leader has…

Link to Full Article: Intel To Challenge Nvidia With The Acquisition of Nervana Systems

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