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#artificialintelligence

This week, Intel announced the acquisition of machine learning startups Nervana Systems for a rumored 400M. This move is intended to improve Intel's artificial intelligence(AI) and machine learning (ML) capabilities in its next generation architecture. The acquisition follows the news of Apple's acquisition of Seattle-based AI startup Turi for about 200M. These series of M&A events are signaling that we are entering a time of consolidation in the AI and ML markets.