Intel Acquires artificial intelligence systems company emerging Nervana

Aug

10

2016

Chipmaker announced Intel on Tuesday announced the acquisition of the company ‘s emerging competent deep learning systems Nervana , which is working to develop artificial intelligence software and hardware.

The move to strengthen the role of artificial intelligence solutions within the chip manufacturer, and despite the failure to disclose terms of the deal the two sides but some reports indicated by Intel to pay $ 350 million.

She Diane Bryant , executive vice president and general director of the group of data centers in the chipmaker in a post published that the intellectual property and expertise possessed by Nervana company that helps Intel Corporation in the deep learning algorithms and expand its capabilities in the field of artificial intelligence.

She added that the company is moving to use the software expertise of the company Nervana in order to further optimize the nucleus of mathematics Intel MKL library and integrated into the production standard industry frameworks.

The deal comes the day after the acquisition of Salesforce on deep learning emerging company MetaMind, where he headed several technology companies such as Apple and Facebook, Google, Microsoft and Twitter about deep learning techniques through acquisitions.

Nervana and founded the company in 2014 and is headquartered in San Diego, the company owns several investors such as Allen & Co Inc. projects AME cloud.

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