The new Xeon Scalable processor is more"data-centric" and has a faster performance than its predecessor, Intel says.
Shenoy noted that half the world's data was created in the last two years and only 2 percent of it has been analyzed.The trends include a proliferation of cloud computing, the growth of AI and analytics, and cloudification of the network and the edge. In the past five years, Intel saw a 50 percent increase in compute demand, and it predicts the same again in the next five years.
AI is growing from a $2.5 billion chip opportunity, growing to $8 billion to $10 billion by 2022, Shenoy said.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
McDonald's is making a $300 million bet on personalized drive-thrusIs your drive-thru order worth $300 million? McDonald's thinks so. The fast food giant recently invested hundreds of millions in an acquisition of a tech company to improve your drive-thru experience. Scott Wapner busy trying to talk the market down. Ask me if I trust an Israeli intelligence agency's firm to not spy on me for the sake of getting a faster Kahuna Burger Israel IsraeliPM IsraelMFA IDF netanyahu SteveEasterbrk McDonalds $MCD I don't mind going inside for a tasty burger.
Source: CNBC - 🏆 12. / 72 Read more »
McDonald’s is buying a tech firm for $300 million to revolutionize its menusMcDonald’s, in its largest acquisition in 20 years, is buying a decision-logic technology company to better personalize menus in its digital push. to... 'replace the new, living wage set of low skill level workers'. Let's be honest. They're spending a few hundred million to save billions in labor costs in the next decade. Seriously... how does McDonald's stay in business? Their food is awful, service is slow, and I never get the correct food. They don't need to spend 300 million to fix these problems. So I can get fries with my decision logic?
Source: latimes - 🏆 11. / 82 Read more »