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NVIDIA and Intel Forge Historic Alliance with $5B Investment to Co-Develop AI Chips
['Markus Kasanmascheff', 'Markus Has Been Covering The Tech Industry For More Than Years. He Is Holding A Master S Degree In International Economics', 'Is The Founder', 'Managing Editor Of Winbuzzer.Com.']
WinBuzzer
In a stunning industry shift, historic rivals NVIDIA and Intel have announced a landmark collaboration today to jointly develop new AI products for data centers and PCs.
The deal is cemented by a massive $5 billion investment from NVIDIA into Intel’s common stock.
This partnership will tightly integrate NVIDIA’s leadership in AI and accelerated computing with Intel’s foundational x86 CPU technology.
Every investment must make economic sense.”The NVIDIA investment is the latest in a series of major capital infusions aimed at stabilizing the chipmaker.
It follows a recent $2 billion investment from Japanese conglomerate SoftBank.
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