Key Takeaways Intel formed a multiyear partnership with SambaNova to deliver AI inference solutions on Xeon-based systems.Intel is expanding its portfolio to tap rising demand for real-time AI inference workloads.Intel faces stiff competition from NVDA and AMD in the AI inference domain.Intel Corporation (INTC) recently announced a multiyear strategic collaboration with SambaNova, a leading AI inference platform and hardware provider. The partnership is set to focus on delivering high-performance, cost-effi ...

This story was originally published on CIO Dive. To receive daily news and insights, subscribe to our free daily CIO Dive newsletter. Dive Brief:  SambaNova and Intel announced a multiyear partnership to support cost-efficient AI inference capabilities as enterprise adoption of AI advances, the two companies said Tuesday.  The AI provider said it raised $350 million in Series E financing for manufacturing and cloud capacity expansion with participation from Intel Capital.  Intel’s investment will help s ...