Intel invests $1 Bn in AI ecosystem

Intel Corporation has invested $1 billion in startups like Mighty AI, Data Robot and Lumiata to advance Artificial Intelligence (AI).

To drive AI innovation, Intel is making strategic investments spanning technology, R&D and partnerships with business, government, academia and community groups.

AI will bring significant new opportunities to transform business – from retail to healthcare to manufacturing – and have an immensely positive impact on society says Brian Krzanic, CEO, Intel Corporation.

“AI will make the impossible possible such as advancing research on cancer, Parkinson’s disease and brain disorders; helping to find missing children; and furthering scientific efforts in climate change, space exploration and oceanic research,” added Krzanich.

The Intel Nervana AI portfolio delivers this breadth: Intel Xeon Scalable family – providing highly scalable processors for evolving AI workloads and our purpose-built silicon for the most intensive deep learning training, code-named “Lake Crest”; Intel Mobileye – vision technologies for specialized use cases such as active safety and autonomous driving; Intel FPGAs – programmable accelerators for deep learning inference; and Intel Movidius – low-power vision technology provides machine learning at the edge.

Intel has collaborated with Waymo to realize the promise of autonomous driving and a safer, collision-free future. Waymo cars with Intel technology inside have already processed more self-driving car miles than any other autonomous fleet on U.S. roads.

 AI is still in its infancy, and as this space evolves, we’ll continue to advance disruptive approaches in compute that support the complex workloads of today and tomorrow.

 

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