From Investing.com: 2024-07-12 02:40:49

Intel’s Chief Technology Officer Greg Lavender anticipates software revenue hitting $1 billion by 2027, with $100 million already made in 2021. The company aims to boost services in AI, performance, and security to compete with Nvidia, which holds an 83% share in the data center chip market. Intel is backing open-source projects like Triton to level the playing field in AI chip development.



Read more at Investing.com: Intel on track for cumulative software sales of $1 billion by end 2027, exec says By Reuters