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Intel Positions Itself to Capitalize on Explosive Growth in AI

Thanks in part to OpenAI and its ChatGPT model, AI (artificial intelligence) is having “a moment.” Of course, in the enterprise space, AI has been having a moment for quite some time, but how will what’s happening in generative AI right now—right here in 2023—push the space forward?

The opportunity for AI is certainly ripe. According to Statista’s AI readiness index rankings, the U.S. is the nation best situated in the world to implement AI in sectors like public services, which includes everything from healthcare to education to transportation. How will companies respond so they can harness the power of a trend? In tech, trends often move the needle not only on consumer and enterprise awareness but also on technology innovation and adoption.

In a recent investor webinar, Intel detailed its data center and AI business by walking investors through its roadmap and how it plans to capitalize on the explosive growth of AI. Intel executives noted the massive AI opportunity sitting in front of them and discussed the company’s desire to democratize artificial intelligence with open AI technology.

Sandra Rivera, executive vice president and general manager of the Data Center and AI Group at Intel, said as new use cases continue to emerge and as the AI market grows, so does the demand for mainstream compute. And as the mainstream compute market continues to grow, Rivera says Intel is well positioned to capture a larger share of this market.

Lisa Spelman, corporate vice president and general manager of Intel’s Xeon products, added their customers are looking for real-world application performance for their most demanding workloads. In working with customers and partners to understand their challenges and the shifts happening within their businesses, Spelman said it’s become clear AI is pervasive and growing at an incredible rate.

During the event, Intel also updated investors on its plans to deliver its 5th Gen Xeon scalable processor “Emerald Rapids” later this year. The 5th Gen Xeon features an increase in processor force and is compatible with the 4th Gen Xeon, providing customers an easy migration path to take advantage of the processor’s built-in workload accelerators, enhanced security features, and increased performance within the same power envelope.

Intel executives believe their silicon assets are setting the company up for long-term growth, in part by delivering leading products for the most strategic and fastest-growing segments of the industry—like AI. Rivera said: “Intel is committed to the true democratization of AI from the cloud to the network and out to the edge by enabling broader access to solutions and more cost-effective deployments through an open ecosystem approach with our portfolio.”

Because democratizing AI requires efficiently scaling solutions so they support billions of parameters, Intel told investors it’s working with ecosystem partners to address this challenge head on. Throughout the webinar, Intel executives exuded a sense of excitement about the current opportunity presented by AI, as well as the company’s readiness to capture this momentum and slingshot it even farther with its portfolio of technologies and solutions.

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