As part of my ongoing internal conflict of “What even is an Oregon or Portland company, these days…?” I’ve continued to expand my definition — and beat — of the companies I’m tracking as part of my 18-year hobby. And two of those companies that I’ve talked about from time time time are Nvidia — whose founder went to Aloha High and Oregon State — and Intel — which has its largest concentration of employees in Oregon. Now, those two organizations are collaborating.
The companies will focus on seamlessly connecting NVIDIA and Intel architectures using NVIDIA NVLink — integrating the strengths of NVIDIA’s AI and accelerated computing with Intel’s leading CPU technologies and x86 ecosystem to deliver cutting-edge solutions for customers.…
NVIDIA will invest $5 billion in Intel’s common stock at a purchase price of $23.28 per share. The investment is subject to customary closing conditions, including required regulatory approvals.
“AI is powering a new industrial revolution and reinventing every layer of the computing stack — from silicon to systems to software. At the heart of this reinvention is NVIDIA’s CUDA architecture,” said NVIDIA founder and CEO Jensen Huang. “This historic collaboration tightly couples NVIDIA’s AI and accelerated computing stack with Intel’s CPUs and the vast x86 ecosystem — a fusion of two world-class platforms. Together, we will expand our ecosystems and lay the foundation for the next era of computing.”
For more, see the Nvidia press release or follow coverage on Techmeme.
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