August 29, 2024: IBM Cloud Adopts Intels Gaudi 3 AI Chips - IBM Cloud will offer Intels Gaudi 3 AI accelerators early next year, incorporating them into its WatsonxAI and data platform. Gaudi 3 aims to rival Nvidia and AMDs AI chips, featuring new Ethernet connectivity and pairing with Intels Xeon 6 processors. Despite promising benchmarks, Intel faces challenges against Nvidias dominance and financial setbacks, including a $1.6 billion Q2 loss and upcoming job cuts.
