Wednesday, 10 August 2016

Intel acquires Nervana Systems

Tech giant Intel has acquired California based deep learning start-up Nervana Systems run by an Indian origin Entrepreneur, allowing the chip maker to foray into the world of Artificial Intelligence. Nervana has a fully optimized software and hardware stack for deep learning.
Nervana Engine and silicon expertise will advance Intel AI portfolio and enhance the deep learning performance. Intel has the best semiconductor technology in the world. Nervana AI expertise combined with Intel capabilities and huge market reach will allow Intel to realize vision and create something truly special. Intel will apply Nervana software expertise to further optimize the Intel Math Kernel Library and its integration into industry standard frameworks.

With this deal, Intel will now shatter the old paradigm and move into a new regime of computing. The semiconductor integrated circuit is one of humanity crowning achievements. Intel is one of the world largest and highest valued semiconductor chip makers based on revenue. Buy selling to Intel, Nervana has access to technology.

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