Intel Corp released their upgraded chip by the Gaudi2 specializing in artificial intelligence computing, as the chip makers dig deeper into the AI chip segment with Nvidia Corp as the market leader.
Produced by Habana Labs, an AI chip startup in Israel, Intel acquired it in late 2019 for $2 billion. Gaudi2 is the next in line of AI-based chips. Around the world AI, computing is witnessing a meteoric growth and has led to a big investment in chip startups.
Getting a piece of the AI market seems difficult, given how accustomed AI companies and researchers are to Nvidia’s software Platform CUDA. Intel’s software development has also been in the works for some time.
According to Eitan Medina, Chief business officer at Habana Labs, the Nvidia dominance won’t last for long. He also added that Intel’s software platform is free to download and run from GitHub and is an open standard.
Medina claims that Gaudi2 performs twice as fast as its predecessor. And also replaces Habana’s previous chip from Taiwan Semiconductor Manufacturing Co’s 16nm technology to 7nm. In chips the lesser its size, the better its performance.
From the house of Intel, another chip called Greco was launched for inference tasks: identifying an object or making predictions from an existing AI algorithm.
Head of Intel’s data centre and AI, Sandra Rivera expects the AI chip market to grow by 25% in the next five years and reach a total market value of $50 billion.
According to her, they are planning to innovate and invest to become market leaders. She also added that new rounds of investment will be focused on software and business acquisitions.