Intel Unveils New AI Accelerator Chip in Bid to Gain on Nvidia [BNN Bloomberg (Canada)]
Advanced Micro Devices, Inc. (AMD)
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Source: BNN Bloomberg
The updated processor, called Gaudi 3, will be widely available in the third quarter, Intel said at a company event early Tuesday. The chip is designed to boost performance in two key areas: helping train AI systems — a process that involves bombarding them with data — and running the finished software. Booming demand for AI services has sent tech companies scrambling for these so-called accelerator chips, but Nvidia has seen most of the benefit. Earlier versions of Gaudi failed to achieve the market share gains that Intel had been hoping for, Chief Executive Officer Pat Gelsinger has said. He expects the new model to have a bigger impact. But challenging Nvidia won't be easy. The runaway success of that company's H100 accelerator helped more than double revenue and sent its market valuation over $2 trillion. And now Nvidia is looking to build on its lead with a just-announced chip platform called Blackwell. Systems based on that product will be available later this year, the com
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