Nvidia and Intel team up to develop customized products

NVIDIA and Intel announced a collaboration to jointly develop customized data center and PC products to improve the efficiency of various applications and workloads. NVIDIA will also invest $5 billion in Intel common stock at a price of $23.28 per share. This collaboration will combine the two companies' strengths in AI, accelerated computing, CPU technology, and the x86 ecosystem to provide customers with cutting-edge solutions.