Intel's Chief Technology Officer, Greg Lavender, aims to achieve $1 billion in software and developer cloud subscription revenue by the end of 2027, emphasizing a focus on AI, performance, and security services.
Lavender believes that Intel's upcoming Gaudi 3 chip can drive the company to secure the second position in the AI chip market, challenging Nvidia's dominance, which held about 83% of the data center chip market in 2023.
Intel is actively supporting open-source initiatives for AI chip development that can work across various platforms, aiming to break the market hold of Nvidia's CUDA software, which allegedly stifles competition according to France's antitrust watchdog.
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