Intel spins out FPGA business, renames it Altera

Intel this week officially launched its new standalone FPGA (field programmable gate array) company, formerly known as the Intel Programmable Solutions Group (PSG) and revealed that it has been named Altera, returning to the name the business held before its acquisition by Intel in 2015.

“The rise of artificial intelligence (AI) is creating new complexities and opportunities across all industries,” Intel said in a release. “Altera is addressing those opportunities with FPGA AI Suite and OpenVINO, which generate optimized intellectual property (IP) based on standard frameworks like TensorFlow and Pytorch.

“Altera’s FPGAs (field-programmable gate arrays) provide flexible solutions to better address changing market demands, such as seamlessly integrating critical AI inferencing capabilities, and to better intercept evolving standards, like PCI Express, CXL, Ethernet and 6G wireless.”

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