Intel Rallies on AI Memory Deal With SoftBank Subsidiary [Yahoo! Finance]
SOFTBANK GRP UNSP/ADR (SFTBY)
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softbank.jp/en/corp/irinfo/presentations
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Source: Yahoo! Finance
it will work with Saimemory, a SoftBank Group subsidiary, to provide better memory for AI applications.The firms will work together to create Z-Angle memory, or ZAM, a new type of memory architecture that uses less energy while yet being able to handle a lot of data quickly. The device is intended to fuel big AI models that are used for training and inference in data centers.SoftBank said that the first ZAM prototype will be ready in fiscal 2027, and that full commercialization will happen in fiscal 2029. The statement is a sign of the increasing relationship between Intel and SoftBank. Last August, SoftBank invested $2 billion in Intel as part of the chipmaker's plan to turn things around.As demand for AI infrastructure keeps rising, this agreement provides Intel another opportunity to stay competitive in the changing memory and data center market. The partnership also shows how important it is to find other memory solutions as standard architectures have trouble scaling with AI work
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