Intel buys artificial intelligence startup


The logo of Intel is seen during the annual Computex computer exhibition in Taipei, Taiwan June 1, 2016. REUTERS/Tyrone Siu

SAN FRANCISCO: US-based Intel announced a deal to buy an artificial intelligence startup as the computer chip colossus looks to broaden its role in datacentres and the expanding Internet of Things. 

Intel did not disclose how much it is paying for Nervana Systems, but US media reports put the price at more than US$350mil (RM1.40bil). 

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Czech prime minister in favour of social media ban for under-15s
Analysis-Investors chase cheaper, smaller companies as risk aversion hits tech sector
PDRM calls for greater parental vigilance as grooming by online predators leads victims to share more CSAM content
New app helps you sit up straight while at your computer
Dispose of CDs, DVDs while protecting your data and the environment
'Just the Browser' strips AI and other features from your browser
How do I reduce my child's screen time?
Anthropic buys Super Bowl ads to slap OpenAI for selling ads in ChatGPT
Chatbot Chucky: Parents told to keep kids away from talking AI dolls
South Korean crypto firm accidentally sends $44 billion in bitcoins to users

Others Also Read