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Advancement in artificial intelligence would seem to be the latest trend in the technology market as big players like Google and apple has notably invested heavily in the acquisition of start-ups’ in this field.

Intel has refused to be left out of the picture as they recently paid about $408 million to acquire fast rising artificial intelligence company, Nervana.

In a statement, Jason Waxman, title vice president, told the press that the acquisition is inline with intel’s future project, and he believes the power of artificial intelligence will expose the use of cloud computing to whole new level. He said there is an increased need for a shift from the norm where devices are entirely dependent on control to a new level where-where billions of computers are interacting and networking independently to one another. He hinted that there is much more information given off by artificially intelligent machines than a human can sift through.

Nervana has been making statements and gathering momentum over the past few months, probably in anticipation of this big deal. Nervana’s patterns are unarguably enticing to chipmakers in the class of Intel who has been trying to sync artificial intelligence into the silicon, instead of designing software the run on a traditional cluster of graphic chips.

Nervana has previously raised an estimated $25 million in venture funds and secured a contract to work In-Q-Tel, which is America’s intelligence community’s venture-arm. Nervana is led by well experienced Naveen Rao, a former Qualcomm researcher.

Mr. Rao said selling to Intel was not inspired by the need to raise money as he believes Intel has a lot of infrastructures required for Nervana to grow. He described artificial intelligence as the next permanent computing solution and not just the next big thing.

Earlier sources had claimed that the deal was about $350 million, but inside sources say the deal is actual $408 million. If the indicators are anything to go by, artificial intelligence is undoubtedly the next big thing; I meant to say, the next permanent thing.