Greg Lavender, Chief Technology Officer of Intel, stated that the company's software business revenue may reach 1 billion USD by the end of 2027. He also said that Intel sees a high demand for its upcoming Gaudi 3 chip, and he believes it can help the company secure the second position in the AI chip market. The operating income of 10-30 billion yuan products is 401/1288/60 million yuan respectively.
According to Greg Lavender, Chief Technology Officer (CTO) of Intel, the company is making progress in the software field, and the cumulative revenue of its software business may reach 1 billion USD by the end of 2027.
In 2021, Intel achieved software income of over 0.1 billion USD. That year, CEO Pat Gelsinger poached Lavender from cloud computing company VMware to oversee the chip maker's software strategy. Since then, Intel has acquired three software companies.
Lavender said, "My goal is to reach 1 billion USD in software and developer cloud subscription revenue. I believe I can achieve this goal by the end of 2027...or maybe earlier."
In 2023, Intel generated revenue of 54 billion USD and offered a range of software services and tools for rent, ranging from cloud computing to AI. Lavender said his strategy is focused on providing services in AI, performance, and security, and the company has been investing in these three areas.
He also said that Intel sees a high demand for its upcoming Gaudi 3 chip, and he believes it can help the company secure the second position in the AI chip market.
So far, neither Intel's nor AMD's AI processors have made much progress in weakening Nvidia's dominance in the data center chip market. In 2023, Nvidia controlled about 83% of the data center chip market.
Nvidia's success is partly due to its CUDA software, which tightly connects developers with Nvidia's chips. Lavender said Intel is supporting an open source initiative aimed at building software and tools to power various AI chips, and expects to make further breakthroughs in the coming months.
According to sources, the French antitrust regulator will accuse Nvidia of anti-competitive behavior. The regulator expressed concern about the AI industry's dependence on CUDA.
Intel is a member of the UXL Foundation, a consortium of technology companies developing an open source project aimed at enabling computer code to run on any machine, regardless of the chip and hardware it uses.
Lavender added that Intel is contributing to Triton, a project led by OpenAI aimed at building an open source programming language to improve the code efficiency of AI chips. AMD and Meta also support the project.
It is reported that Triton has already run on Intel's existing graphics processing unit and will work on the company's next generation AI chip.
"Triton will create a level playing field," he said.