In­tel buys AI start-up Ner­vana

The Myanmar Times - - International | Business -

US-BASED In­tel has an­nounced a deal to buy an ar­ti­fi­cial intelligence start-up as the com­puter chip colos­sus looks to broaden its role in data cen­tres and the internet.

In­tel did not dis­close how much it is pay­ing for Ner­vana Systems, but US me­dia re­ports put the price at more than US$350 mil­lion.

“With this ac­qui­si­tion, In­tel is for­mally com­mit­ting to push­ing the fore­front of AI [ar­ti­fi­cial intelligence] tech­nolo­gies,” Ner­vana co-founder and chief ex­ec­u­tive Naveen Rao said in a blog post.

“We can now shat­ter the old par­a­digm and move into a new regime of com­put­ing.”

Founded two years ago in South­ern Cal­i­for­nia, Ner­vana has spe­cialised in com­bin­ing hard­ware and soft­ware to help ma­chines think in ways sim­i­lar to hu­man brains, ac­cord­ing to the com­pa­nies.

In­tel plans to put Ner­vana ex­per­tise to work in Xeon and Xeon Phi chips to bet­ter han­dle “deep learn­ing” in the internet cloud, In­tel data cen­tre group ex­ec­u­tive vice pres­i­dent Diane Bryant said in an on­line post.

“While ar­ti­fi­cial intelligence is of­ten equated with great sci­ence fic­tion, it isn’t rel­e­gated to nov­els and movies,” Ms Bryant said. –

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