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.