FPGA company Altera detaches from Intel with some cords still connected

Nine years after acquiring FPGA company Altera, Intel has rebranded and separated FPGA business back as under the name of Altera as a standalone FPGA company. It is headed by Sandra Rivera as CEO and Shannon Poulin as COO. The market potential of FPGA market is said to worth $55 billion-plus. Altera to offer only FPGA with AI built into the fabric. “As customers deal with increasingly complex technological challenges and work to differentiate themselves from their competitors and accelerate time to value, we have an opportunity to reinvigorate the FPGA market. We’re leading with a bold, agile and customer-obsessed approach to deliver programmable solutions and accessible AI across a broad range of applications in the comms, cloud, data center, embedded, industrial, automotive and mil-aero market segments.” said Sandra Rivera, chief executive officer of Altera Altera to address the AI market with its FPGA AI Suite and OpenVINO. These solutions generate optimized intellectual property (IP) based on standard frameworks like TensorFlow and Pytorch, enabling seamless integration of critical AI inferencing capabilities into Altera's FPGAs. The company has announced new products and services tailored to customer needs, including: Agilex 9: Now in volume production, Agilex 9 offers the industry's fastest data converters, making it ideal for radar and military-aerospa...