February 03 - 09:02
159D
Intel ends work on Nervana processors
Intel has ceased development of its Nervana neural networks processors. The decision comes in the wake of its $2 billion acquisition of Habana Labs. Intel received feedback from engineers that its latest Nervana designs weren't fit for high-performance workloads. It had acquired Nervana Systems for $350 million in 2016. Habana Labs has already two AI chips for neural networking.
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