Intel Might Be Quitting the AI Training Market for Good

Intel (NASDAQ: INTC) has already pulled back on its effort to directly compete with Nvidia in the AI accelerator market. The company's Gaudi line of AI chips held promise, but immature software and an unfamiliar architecture ultimately doomed Intel's flagship AI offerings. The company later axed Falcon Shores, which was meant to succeed Gaudi 3 as a more traditional GPU, instead shifting its focus to rack-level solutions.Reporting from The Oregonian suggests that Intel may now be pulling back further. In a recent broadcast to employees, CEO Lip-Bu Tan laid out some hard truths as the company embarks on a turnaround plan. One statement seems to put a nail in the coffin for Intel's AI chip efforts: "On training I think it is too late for us." Tan noted that Nvidia's market position was too strong to catch up.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool