Intel Updates For AI: $1B Now, More Growth Ahead

Intel held a full day event last week to lay out its strategy and products for growth in the datacenter. Senior executives took the opportunity to talk about CPUs, ASICs, FPGAs, memory, and networking, while sprinkling in a healthy dose of real-world customer success stories. Investors were hoping that this event would shed some light on how the company plans to compete with NVIDIA for AI and with AMD for datacenter GPUs. In addition to a few product announcements, we learned more about the company's AI strategy (which I initially outlined here back in May after its inaugural AI DevCon event). My colleague Patrick Moorhead, President of Moor Insights & Strategy, covered the broader data center topics here in this blog, but here's my take on the AI side of things.