Intel (Nasdaq: INTC) has launched Altera as a standalone company focused on pursuing growth in the field programmable gate array market and delivering artificial intelligence capabilities designed to help clients facing complex technological challenges.
“As customers deal with increasingly complex technological challenges and work to differentiate themselves from their competitors and accelerate time to value, we have an opportunity to reinvigorate the FPGA market,” Altera CEO Sandra Rivera said in a statement published Thursday.
“We’re leading with a bold, agile and customer-obsessed approach to deliver programmable solutions and accessible AI across a broad range of applications in the comms, cloud, data center, embedded, industrial, automotive and mil-aero market segments,” added Rivera.
Shannon Poulin will serve as chief operating officer of Altera.
Altera intends to address AI opportunities with its FPGA AI Suite and OpenVINO, an open source AI toolkit designed to streamline the development of AI tools and integration of deep learning in large language models, generative AI and computer vision, among other domains.
The new Intel business has launched several FPGA products, including Agilex 5, Agilex 9, Agilex 7 F-series and I-series devices, with plans to introduce Agilex 3 as its latest offering for communications, intelligent edge and cloud applications.
In October, Intel announced plans to separate its Programmable Solutions Group as an independent unit to better compete in the FPGA market.
Register here to attend the Potomac Officers Club’s 5th Annual Artificial Intelligence Summit on March 21 and hear federal leaders and industry experts discuss the latest developments in the field.
