Intel buys artificial intelligence startup

  • Technology Premium
  • Wednesday, 10 Aug 2016

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). 

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