CES 2019: Intel says developing AI chip in collaboration with Facebook

By: |
Published: January 8, 2019 10:06:54 AM

Intel working with Facebook on AI chip coming later this year

The chips are Intel’s gambit to retain hold of a fast-growing segment of the artificial intelligence computing market

Intel Corp said on Monday at the Consumer Electronics Show in Las Vegas that it is working with Facebook Inc to put the final touches on a new artificial intelligence chip in the second half of this year.

The chips are Intel’s gambit to retain hold of a fast-growing segment of the artificial intelligence computing market but will face competition from similar chips from Nvidia Corp and Amazon.com’s Amazon Web Services unit.

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.