"We will apply Nervana's software expertise to further optimise the Intel Math Kernel Library and its integration into industry standard frameworks," Diane Bryant, Executive Vice President of Data Center Group at Intel, said in a statement on Wednesday.
"Nervana's Engine and silicon expertise will advance Intel's AI portfolio and enhance the deep learning performance and TCO of our Intel Xeon and Intel Xeon Phi processors," she explained.
Intel processors power nearly 97% of servers deployed to support machine learning workloads today.
"Nervana's IP and expertise in accelerating deep learning algorithms will expand Intel's capabilities in the field of AI," Bryant added.
The Intel Xeon processor E5 family is the most widely deployed processor for deep learning inference and the recently launched Intel Xeon Phi processor delivers the scalable performance needed for deep learning training.
"While less than 10% of servers worldwide were deployed in support of machine learning last year, the capabilities and insights it enables makes machine learning the fastest growing form of AI," the Intel executive said.
"We will continue to invest in leading edge technologies that complement and enhance Intel's AI portfolio," she added.
Nervana recently raised $25 million in venture funding and also has a contract to work with In-Q-tel, the US intelligence community's venture arm.
According to Rao, the deal did not reflect any hurdles in getting more capital to stay independent.
"Raising money was not the problem. That was going to be relatively easy but by selling to Intel we have access to technology we'd never dream about," Rao was quoted as saying.
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.