It is based on a 10 nanometer Ice Lake processor that will allow it to cope with high workloads using minimal amounts of energy, Intel said. “In order to reach a future situation of ‘AI everywhere’, we have to deal with huge amounts of data generated and make sure organisations are equipped with what they need to make effective use of the data and process them where they are collected,” said Naveen Rao, general manager of Intel’s artificial intelligence products group. 2018 was the start in competition to create such hardware. Analysts predicted the global AI chip market to grow at a compound annual growth rate of about 54% between 2017 and 2021.
AI is set to be the next big frontier for computing hardware. In August of 2016 Intel purchased Nervana Systems, a maker of neural network processors. Later, they announced a new platform. “Before the end of the decade, Intel will deliver a 100-fold increase in performance that will turbocharge the pace of innovation in the emerging deep learning space,” they estimated. Investment and interest in AI boomed in the first decades of the 21st century, when machine learning was successfully applied to many problems in academia and industry due to the presence of powerful computer hardware.