Intel unveils new AI chips as it seeks to reclaim market share from Nvidia and AMD

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Intel unveils new AI chips as it seeks to reclaim market share from Nvidia and AMD

Intel announced new Xeon 6 processors during the Computex tech conference in Taiwan to compete with Nvidia and AMD. The company aims to deliver better performance and power efficiency for high-intensity data center workloads. Intel is making efforts to catch up with its rivals in the AI industry after being on the sidelines of the AI frenzy.

The new AI chips from Intel come as Nvidia and AMD also launched their own chips, intensifying the competition in the market. Intel's CEO, Pat Gelsinger, highlighted the importance of providing cost-effective AI solutions to customers. The company also revealed lower prices for its Gaudi 2 and Gaudi 3 AI accelerators compared to rival chips.

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