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Nvidia to invest $5bn in rival Intel

Source: BBC

Nvidia, the leading manufacturer of artificial intelligence chips, said it will buy a $5bn (£4bn) stake in Intel - a lifeline for its struggling rival on the heels of a separate investment from the US government.The deal, announced on Thursday, will involve a partnership between the two American companies to make personal computer and data centre chips, as demand for AI continues to surge and companies seek to…

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Read the original source at BBC