"Intel's Gaudi 3 AI Chip Takes Aim at Nvidia in 2024 Vision"

Intel unveils Gaudi 3, its third-generation AI chip, aiming to challenge Nvidia's dominance in the AI accelerator market by promising superior performance and efficiency at a lower cost. The company claims Gaudi 3 outperforms Nvidia's H100 GPU by 50% in AI inference tasks with 40% better power efficiency and will be available at a fraction of the cost. Intel is also working on building an open ecosystem for AI with industry partners and plans to make Gaudi 3 available to OEMs in the second quarter of 2024. The chip giant aims to capture a significant share of the growing AI chip market and become a major player in the foundry business by 2030.