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Home » Intel to Acquire Nervana for AI

Intel to Acquire Nervana for AI

August 9, 2016
in All, Hot Start-ups
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Intel agreed to acquire Nervana Systems, a start-up based in San Diego, California, for their work in machine learning. Financial terms were not disclosed.

Nervana, which was founded in 2014, developed a software and hardware stack for deep learning.

Intel said the Nervana technology would help optimize the Intel Math Kernel Library and its integration into industry standard frameworks, advancing the deep learning performance and TCO of the Intel Xeon and Intel Xeon Phi processors.

http://www.intel.com

Nervana is headed by Naveen Rao.

Tags: #AIBlueprint columnsIntelMergers and AcquisitionsSoCal
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