Intel Bets on AI to Fuel Growth, Spins Off Software Assets to Sharpen Focus on Core Chip Business
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Intel is incorporating AI capabilities across its product portfolio, from PC and server CPUs to dedicated AI accelerators that compete with Nvidia.
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Intel spun off an enterprise AI software platform called Articul8, which was developed internally, to focus resources on its core chip business.
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Articul8's platform is optimized to run on Intel hardware, which could drive incremental demand.
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Intel is leveraging its manufacturing leadership to produce chips for AI workloads. Its upcoming process nodes will help it regain parity with TSMC.
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Intel has spun off and taken public other business units recently to streamline its focus, while retaining upside through equity stakes.