Tuesday, 9 August 2016

Intel pays $350m for two year-old AI company

Intel is said to be paying over $350 million for a two year-old 48-person start-up called Nervana which is involved in deep learning and AI. Pictured is Intel’s data centre boss Diane Bryant with the Nervana founding team, Nervana has raised $25 million in VC money and has a contract with the US intelligence community’s ...

Read full article: Intel pays $350m for two year-old AI company



from Electronics Weekly http://www.electronicsweekly.com/news/business/intel-osys-350m-two-year-old-ai-company-2016-08/

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