Intel launches new AI chips, challenging Nvidia’s market
The HinduIntel Corp on Tuesday launched a new chip called Gaudi2 focused on artificial intelligence computing, as the chip manufacturer makes a bigger push into the AI chip market currently dominated by Nvidia Corp. Gaudi2 is the second generation processor by Habana Labs, an Israeli AI chip startup Intel bought in late 2019 for about $2 billion. “CUDA is not a moat that Nvidia can really stand on for long,” said chief business officer at Habana Labs Eitan Medina, adding that Intel’s software platform is open standard, free to download and use from GitHub, the software development site. Intel also launched a new chip called Greco for inferencing work: taking an AI algorithm and making a prediction or identifying an object. Sandra Rivera, who heads Intel's data cente and AI, said the AI chip market is estimated to grow some 25% a year in the next five years to reach around $50 billion.