Intel Reveals New AI Chips

Intel Reveals , New AI Chips.

On June 4, Intel announced its new Xeon 6 processor, CNBC reports.

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The new AI chips will help to provide better performance and more efficient power for data centers.

The announcement follows similar launches from rivals Nvidia and AMD.

The announcement follows similar launches from rivals Nvidia and AMD.

Intel launched its 5th Gen Intel Xeon processors just six months ago.

In April, the company unveiled the Gaudi 3 processor.

Customers are looking for high performance, cost-effective gen AI training and inferencing solutions.

And they’ve started to turn to alternatives like Gaudi.

, Patrick Gelsinger, chief executive officer of Intel Corp., via statement.

They want choice.

They want open software and hardware solutions and time to market solutions at dramatically lower TCOs [total cost of ownership], Patrick Gelsinger, chief executive officer of Intel Corp., via statement.

Intel plans "to continue to grow the AI PC category" with its Lunar Lake chips, which are scheduled to ship in Q3 2024.

Intel, which recorded a $7 billion operating loss in 2023, is attempting to catch up to its rivals amid the ongoing AI frenzy.

While Intel has been struggling, it differs from Nvidia and AMD because it manufactures chips in addition to designing them.

Additionally, Intel received $20 billion in funding from the CHIPS and Science Act which could help the company to advance.

Additionally, Intel received $20 billion in funding from the CHIPS and Science Act which could help the company to advance