Intel plans a big future for deep learning on every platform

In acquiring Vertex.AI for its Movidius unit, Intel is envisioning a tomorrow where deep learning will feature in many aspects of business. Chip giant Intel has acquired Vertex.AI, a Seattle start-up that is developing deep learning for every platform. The start-up will join the Movidius group, which is focused on self-learning and artificial intelligence (AI) technology on a myriad of devices. Intel acquired Movidius in 2016 for an undisclosed sum, rumoured to be in the region of $300m. This was part of a $1bn spending spree on AI tech companies, including Mighty AI, DataRobot, Lumiata, AEye and others.