Intel Acquires Deep Learning Startup Nervana For $400 Million

Deep learning startup Nervana has become Intel’s latest acquisition target, in a deal that signals the microprocessor company’s move deeper into the territory of artificial intelligence.

While Intel has yet to release official figures, a source familiar with the acquisition says the agreement could be worth more than $400 million, Recode reports.

The Next Revolution In Computing?

Nervana is known for its advancement of A.I. through a combination of neuroscience, computer engineering and machine learning. The startup believes A.I. “will be the foundation of the next revolution in computing” as it rivals human performance — and Intel shares this belief.

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