Intel strikes deal with a chip startup its CEO invested in
Intel, which has lagged in making chips for artificial intelligence, is turning for help to a startup that its CEO helps lead as an investor and chair.
The ailing Silicon Valley chip company has struck a multiyear technical partnership with SambaNova Systems, a 9-year-old semiconductor company that is aiming to challenge the market leader, Nvidia. Intel and SambaNova will work on developing a cloud AI service run by SambaNova, among other things, the companies said Tuesday.
