Acquisition will create 'premier computing company' for age of artificial intelligence, Nvidia says; US firm plans to expand UK site to 'build a world-class AI research facility'

Tel Aviv-based startup's chip allows smart devices to run deep learning applications

Mooly Eden, former president of Intel Israel, says because the tech giant's Kiryat Gat manufacturing site is new, it is likely to survive

Deal said to be US giant's second-largest acquisition in Israel after Mobileye; Caesarea-based firm will continue to work from Jewish state

If deal goes through, it would be Intel's second-largest acquisition in Israel after Mobileye, Calcalist says

The Nervana NNP-T chip, already in use by Facebook, is meant for large computing centers, enabling computers to reach valuable conclusions

Reuters: The American suppliers of chips to Huawei, including Qualcomm and Intel, are quietly pressing the US government to ease the ban on sales to the Chinese tech giant

Company officials meet with contractors to inform them of 6- to 12-month postponement in setting up $5 billion production facility in Kiryat Gat

Code named Ice Lake, the processors have accelerated AI performance, 2x the graphic performance and almost 3x faster wireless speeds than previous generation of Intel processors