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August 9, 2016 08:25 pm GMT

Intel buys deep learning startup Nervana Systems for a reported $350 million

IntelIntel announced Tuesday that it is acquiring deep learning startup Nervana Systems in a move thatlooks 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

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/OIYl_18BCEg/

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