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Intel: Rivera said the programmable chips Altera designs are useful for AI applications and computing tasks that fall in between the purpose built custom processors designed by cloud computing companies like Amazon.com and the general use AI chips made by Nvidia.
Intel's programmable chip unit began operating as a standalone business at the beginning of the year, and on Thursday outlined its plans for the future and its official name: "Altera, an Intel company."
Intel officially launched its 14th generation Raptor Lake CPUs, offering better specifications and competitive pricing in the market.