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home / articles / intel eyes increased ai product demand shifts focus mwn benzinga


TECH - Intel Eyes Increased AI Product Demand Shifts Focus to Private Data Storage Solutions | Benzinga

Intel Corp (NASDAQ:INTC) is gearing up for increased demand for AI-capable consumer products. It anticipates that businesses will increasingly rely on private environments for AI computing needs.

Intel aims to integrate AI capabilities across various products, from computers to edge computing to software, the Wall Street Journal cited Alexis Crowell, Intel’s VP and CTO for Asia-Pacific and Japan.

Crowell noted that demand for traditional data centers might slow as companies seek a balance between public cloud infrastructure and private data storage for privacy and cost reasons.

This shift aligns with IDC’s prediction that by next year, 75% of enterprise-generated data will be processed ...

Full story available on Benzinga.com

Stock Information

Company Name: Bio-Techne Corp
Stock Symbol: TECH
Market: NASDAQ
Website: bio-techne.com

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