Intel is rolling out a new version of its artificial intelligence chip 'Gaudi' in an attempt to challenge chip manufacturer Nvidia, which is currently dominating the GPU market.
The company recently revealed this development, which will be called Gaudi 3 and will be widely available in the third quarter.
Intel said the chip will boost performance in two key areas, training AI systems and running the developed software. The chipmaker has higher expectations from the updated version than the earlier version as it failed to achieve its targeted market share gains.
According to reports, the company’s CEO Pat Gelsinger is highly optimistic about the new Gaudi and aims to achieve USD 2 billion with the updated version.
During the fourth-quarter result in late January, Gelsinger also disclosed the company’s plan to spend on generative AI to increase its gear from USD 40 billion in 2024 to USD 151 billion in 2027.
The Gaudi 3 chip will be available to server builders such as Supermicro and Hewlett Packard Enterprise in the second quarter of this year. Meanwhile, as per a few reports, the upcoming Gaudi chips may also be introduced as Falcon Shor.