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Cheaper AI for everyone is the promise with Intel and Facebook’s new chip

“AI tech isn’t for everyone,” some will say. “Small companies lack the budget, resources, and capability to deploy AI-powered tools.” Cheaper AI for everyone is the promise made through the collaboration of two tech giants towards the development of a new AI chip.

Intel and Facebook are working together on a chip that should make it cheaper for big companies to use artificial intelligence. The device promises to run pre-trained machine learning algorithms more efficiently, meaning less hardware and less energy is required to have AI do useful stuff. […]

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