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Intel working with Facebook on AI chip coming later this year

Intel working with Facebook on AI chip coming later this year
FILE PHOTO: The Intel logo is shown at E3, the world's largest video game industry convention in Los Angeles, California, U.S. June 12, 2018. REUTERS/Mike Blake -
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(Reuters) - Intel Corp said on Monday at the Consumer Electronics Show in Las Vegas that it is working with Facebook Inc to put the final touches on a new artificial intelligence chip in the second half of this year.

The chips are Intel's gambit to retain hold of a fast-growing segment of the artificial intelligence computing market but will face competition from similar chips from Nvidia Corp and's Amazon Web Services unit.

(Reporting by Stephen Nellis in San Francisco; Editing by Sandra Maler)

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