Intel announced Tuesday that it is acquiring deep learning startup Nervana Systems in a move that looks to bolster the role of AI solutions within the company. Recode reports that the price tag of the deal is north of $350 million, adding to what has been a pretty active (to put it mildly) last few weeks in tech M&A. “[Nervana’s] IP and expertise in accelerating deep… Read More
Intel buys deep learning startup Nervana Systems for a reported $350 million
Intel announced Tuesday that it is acquiring deep learning startup Nervana Systems in a move that looks to bolster the role of AI solutions within the company. Recode reports that the price tag of the deal is north of $350 million, adding to what has been a pretty active (to put it mildly) last few weeks in tech M&A. “[Nervana’s] IP and expertise in accelerating deep… Read More
