Artificial Intelligence

Intel and South Korea's Web Titan to Tackle AI Market

Parvin Mohmad

Intel and Naver are said to be teaming up to contest Nvidia's dominant role in the AI chip industry. A Bloomberg report suggests that this partnership, between the chip manufacturer in Santa Clara, California, and the South Korean internet behemoth, aims to broaden the software landscape for Intel's Gaudi AI accelerator, a platform available for open-source use. This collaboration is part of a broader strategy to weaken Nvidia's hold on the market, particularly as challenges emerge in securing GPU accelerators for training AI algorithms.

"The current monopoly scenario needs to shift to open up the market and tackle the obstacles in AI development stemming from the shortage of GPU accelerators," Ha Jung-Woo, the leader of Naver's Future AI Center, mentioned during an Intel AI conference in Seoul, as reported. Ha is instrumental in developing Naver's HyperClova X family of large language models.

This partnership is strengthened by the recent creation of a joint research lab for AI chips, which is open to top South Korean universities and startups.

"Our partnership with Naver is of great strategic importance as we share a unified vision for a robust AI ecosystem," Justin Hotard, Intel's executive vice president and general manager of data center and AI, stated.

"The existing dominance in the market needs to shift to broaden the market and tackle the constraints in AI growth due to the shortage of GPU resources," Ha Jung-Woo, the head of Naver's Future AI Center, mentioned during an Intel Artificial intelligence conference in Seoul, according to the report. Ha plays a crucial role in developing Naver's HyperClova X series of large language models.

This partnership is strengthened by the recent creation of a joint research lab for AI chips that is open to top South Korean universities and startups.

"Our partnership with Naver is of great strategic importance as we share a unified goal for a robust AI ecosystem," Justin Hotard, Intel's executive vice president and general manager of data center and AI, stated.

Suirum Raises 15,000 SUI In Days, Here’s Why SUI Investors Are Bullish

XRP Price Prediction: Early Investor Says this Rival is Heading for $1 from $0.03 Before Ripple

Dogecoin Price Prediction: 3 Reasons Why The ETFSwap (ETFS) Altcoin Has Captured Huge Attention From DOGE And Solana Whales

Ripple, Cardano, or DTX Exchange? Which Token Will Give The Most ROI In Q4 2024?

Plus Wallet's New Rewards System Takes Trading to New Heights; Latest Updates on OKX Web3 Wallet & Solana