What's Next for Intel Corporation's Big Deep-Learning Buy

What’s Next for Intel Corporation’s Big Deep-Learning Buy

Back in August, Intel (NASDAQ:INTC) announced that it would purchase deep-learning chip startup Nervana systems. Re/code, citing a “source with knowledge of the deal,” says that Intel paid around $408 million for the company. Image source: Intel.  Although this acquisition is quite small for Intel, which raked in $3.4 billion in net income last quarter, the company seems to be quite bullish on Nervana’s technology for its deep-learning and artificial-intelligence efforts. Let’s take a closer look at what Intel’s near-term plans are for this technology, and then I’ll finish off with what I expect to see Intel do with the technology out in time. “Lake Crest” arrives in 2017 Intel says it will “test first silicon” of a deep learning-specific chip code-named Lake Crest during the first half of 2017…


Link to Full Article: What’s Next for Intel Corporation’s Big Deep-Learning Buy