Intel Invests $1 Billion in AI Ecosystem

Intel  has invested $1 billion in artificial intelligence’s  (AI) ecosystem and the investments would span across technology, R&D and partnerships with business, government, academia and community groups.

"We are deeply committed to unlocking the promise of AI: conducting research on neuromorphic computing, exploring new architectures and learning paradigms. We have also invested in startups like Mighty AI, Data Robot and Lumiata through our Intel Capital portfolio and have invested more than $1 billion in companies that are helping to advance artificial intelligence," Intel said in a statement.

"Our belief is that AI will bring significant new opportunities to transform business – from retail to healthcare to manufacturing – and have an immensely positive impact on society.," it added.

Intel will be the AI platform of choice, offering unmatched reliability, performance, security and integration. We are 100 percent committed to creating the roadmap of optimized products to support emerging mainstream AI workloads.

AI solutions require a wide range of power and performance to meet application needs, and Intel has the largest selection of options for our customers to choose from. To support the sheer breadth of future AI workloads, businesses will need unmatched flexibility and infrastructure optimization so that both highly specialized and general purpose AI functions can run alongside other critical business workloads. 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
• Intel® Movidius – low-power vision technology provides machine learning at the edge