Chipmakers Intel, Nvidia Now Compete with Their Customers

Companies such as Intel and Nvidia have long dominated the design and manufacture of semiconductor chips, but they are now facing competition from their own customers. Amazon, Google and Microsoft, all of which have seen strong growth in cloud computing, are looking to create their own chips to ensure better performance and lower costs. Amazon, for example, debuted a chip intended to speed up AI algorithms. Traditional chip manufacturers are creating specialized processors to retain their long-time customers. Continue reading Chipmakers Intel, Nvidia Now Compete with Their Customers

Google Bypasses Cloud to Offer AI to Enterprise Customers

AI can enable many important tasks from manufacturing to medicine, but only if the applications are speedy and secure. Communication via the cloud adds latency and risks privacy, which is why Google worked on a solution — dubbed Coral — that avoids centralized data centers. Coral product manager Vikram Tank described Coral as a “platform of [Google] hardware and software components … that help you build devices with local AI — providing hardware acceleration for neural networks … right on the edge device.” Continue reading Google Bypasses Cloud to Offer AI to Enterprise Customers

Intel Doubles Down on AI with $2 Billion Habana Acquisition

Intel acquired Israel-based AI chip manufacturer Habana Labs for about $2 billion, to strengthen its offerings for data centers requiring such chips. The tech giant already stated that it expects to complete more than $3.5 billion in sales related to artificial intelligence, an increase of 20 percent from last year. The Habana purchase is just one of several that Intel has made in recent years in its efforts to grow new markets. Intel expects the AI chip market to grow to $25 billion by 2024, half from selling chips for data centers. Continue reading Intel Doubles Down on AI with $2 Billion Habana Acquisition