Wipro Limited, a leading IT company, has unveiled an expanded collaboration with Intel Foundry, aimed at accelerating innovation in AI chip design. This alliance signifies a strategic move to cater to the burgeoning demand for advanced artificial intelligence technologies. Let’s explore the industry implications of this partnership.
Also Read: SoftBank Plans $100 Billion AI Chip Venture ‘Izanagi’
Driving Innovation in Chip Design
Wipro, positioned as the primary Design Services and Alliance Partner, is set to join forces with Intel Foundry to expedite the development of cutting-edge process nodes, notably the Intel18A process node. This partnership responds to the projected 38% annual growth in the global AI chip market from 2023 to 2032. It further highlights a critical need for enhanced chip manufacturing capabilities today.
Also Read: South Korean AI Chip Startup Rebellions Snags Funding to Challenge Nvidia
Empowering Industries Through Collaboration
The collaboration leverages Wipro’s expertise in design services and Intel Foundry’s proficiency in manufacturing. This particularly benefits heavyweight sectors like automotive, industrial, and telecommunications. By harnessing Gen AI-driven designs and foundry services, clients can achieve continuous innovation to meet evolving market demands.
Industry Voices on the Collaboration
Atul Kapur, Vice President & Business Head – HiTech, Wipro Limited, emphasized the significance of the collaboration, stating that it paves the way for Wipro’s deeper involvement in the semiconductor industry. Meanwhile, Rahul Goyal, the Vice President of Intel Foundry’s Product & Design Ecosystem, highlighted the mutual benefits of Wipro’s partnership for global customers.
Strategic Investments for Growth
Wipro’s commitment to the AI 360 ecosystem, bolstered by a $1 billion injection, complements its collaboration with Intel in AI-driven chip manufacturing. This strategic investment aims to propel businesses towards their growth objectives, offering streamlined processes and substantial advantages in design verification and physical design.
Also Read: OpenAI’s Sam Altman Runs to Raise $7 Trillion to Transform AI Chip Industry
Our Say
The partnership between Wipro and Intel Foundry signifies a significant stride towards innovation in the semiconductor industry. By combining their strengths, both companies aim to deliver transformative solutions that cater to the evolving needs of various sectors. As the demand for AI-driven technologies rises, such collaborations are instrumental in driving technological advancements and fostering industry growth.
Follow us on Google News to stay updated with the latest innovations in the world of AI, Data Science, & GenAI.
