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Intel, Facebook Working Together on New Cheaper AI Chip

Intel and Alibaba, together with partners, aim to deliver the first AI-powered 3D athlete tracking during the Olympic Games Tokyo 2020

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intel technology. Pixabay

Intel and Facebook are working together on a new cheaper Artificial Intelligence (AI) chip that will help companies with high workload demands.

At the CES 2019 here on Monday, Intel announced “Nervana Neural Network Processor for Inference” (NNP-I).

“This new class of chip is dedicated to accelerating inference for companies with high workload demands and is expected to go into production this year,” Intel said in a statement.

Facebook is also one of Intel’s development partners on the NNP-I.

Navin Shenoy, Intel Executive Vice President in the Data Centre Group, announced that the NNP-I will go into production this year.

The new “inference” AI chip would help Facebook and others deploy machine learning more efficiently and cheaply.

Intel began its AI chip development after acquiring Nervana Systems in 2016.

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Intel, Facebook working on cheaper AI chip. VOA

Intel also announced that with Alibaba, it is developing athlete tracking technology powered by AI that is aimed to be deployed at the Olympic Games 2020 and beyond.

The technology uses existing and upcoming Intel hardware and Alibaba cloud computing technology to power a cutting-edge deep learning application that extracts 3D forms of athletes in training or competition.

“This technology has incredible potential as an athlete training tool and is expected to be a game-changer for the way fans experience the Games, creating an entirely new way for broadcasters to analyse, dissect and re-examine highlights during instant replays,” explained Shenoy.

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Intel and Alibaba, together with partners, aim to deliver the first AI-powered 3D athlete tracking during the Olympic Games Tokyo 2020.

“We are proud to partner with Intel on the first-ever AI-powered 3D athlete tracking technology where Alibaba contributes its best-in-class cloud computing capability and algorithmic design,” said Chris Tung, CMO, Alibaba Group. (IANS)

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Facebook Apps Helped EU Firms Generate 208 bn Euros in Sales

The study also found that female-founded businesses, in particular, credit social media with helping them to start and grow their businesses

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The social media application, Facebook is displayed on Apple's App Store, July 30, 2019. VOA

Facebook apps have helped businesses in the European Union (EU) generate sales corresponding to an estimated 208 billion euros last year – resulting in nearly 3.1 million jobs, the social networking giant said in a new report.

According to Facebook, around 25 million businesses in the European Union, mostly small businesses, are using its services each month.

“Businesses said that using Facebook apps helped them generate an estimated 98 billion euros in exports last year. Of these exports, 58 billion euros are sales within the EU and 40 billion euros are sales to the rest of the world,” Nicola Mendelsohn, Vice-President for Europe, Middle East and Africa at Facebook, said on Monday.

To understand the true extent of Facebook’s impact on the European economy, the company commissioned a study by Copenhagen Economics, one of the leading economic firms in Europe. The study surveyed over 7,700 businesses across all industries and sizes in 15 countries.

“This shows the critical role social media plays in driving sales for businesses across Europe. This is particularly true for small and medium sized businesses,” Mendelsohn added.

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The Facebook mobile app on an Android smartphone. Wikimedia Commons

Six in 10 companies said Facebook apps are important in lowering marketing costs and a similar number said Facebook apps are important in improving customer service.

“Six in 10 businesses using Facebook apps report them as helpful to enter markets, and 7 in 10 businesses using Facebook apps are exporting to other countries compared to 5 in 10 non-users,” the report mentioned.

Also Read: Skills Required To Become An Information Security Analyst

The study also found that female-founded businesses, in particular, credit social media with helping them to start and grow their businesses.

“Fifty-eight per cent of female-founded businesses surveyed said that Facebook apps are important for enabling them to start businesses, while 65 per cent said it helped grow their revenue,” said the report. (IANS)