The Cambrian AI Explosion Ramps Up

There's been a lot of news lately on the AI chip front, so I wanted to share a short synopsis of what has been happening for anyone who may be distracted by the holidays. Let's start with the big news. Amazon AWS (AMZN) made two significant AI announcements on December 1st at the annual AWS re:Invent conference. First, Andy Jassy, AWS head, announced that the cloud leader would offer Intel's Gaudi training chip in the elastic cloud. The AWS deployment is the first traction we have seen for Gaudi, which Intel received in its $2B acquisition of Habana Labs last year. This is long-awaited good news for Intel.