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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

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Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
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How AMD Seeks to Match Intel and Nvidia in Machine Learning

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Aaron Pressman
Aaron Pressman
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Aaron Pressman
Aaron Pressman
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December 12, 2016, 1:15 PM ET
General Views Inside Computex 2014
Visitors walk past the Advanced Micro Devices Inc. (AMD) booth at the Computex Taipei 2014 expo at the Taipei Nangang Exhibition Center in Taipei, Taiwan, on Tuesday, June 3, 2014. Computex runs through to June 7. Photographer: Chris Stowers/Bloomberg via Getty ImagesPhotograph by Chris Stowers — Bloomberg/Getty Images
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Advanced Micro Devices unveiled a new line of computer graphics cards on Monday, aimed at catching up to competitors in the nascent market for artificial intelligence and machine learning tasks.

AMD’s Radeon Instinct line won’t be pitched to video gamers who run Assassin’s Creed on an ultra high-definition screen. Rather, the target market is companies, research labs, and cloud computing platforms that want to analyze big data sets and train computers to perform tasks like image recognition and financial fraud detection.

Nvidia has dominated the machine learning market so far, followed by Intel. AMD’s new cards will try to match the performance of competitors on such specialized tasks. The company will also need to match Intel (INTC) and Nvidia (NVDA) on software compatibility, which can be just as important for data analysis tasks as raw performance.

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Although AMD (AMD) is late to bring out its own specialized machine learning cards, the market is just getting started according to Mizuho Securities analyst Vijay Rakesh. Less than one in 1,000 servers are currently dedicated to artificial intelligence tasks like machine learning, but the market will grow 12 times larger over the next few years, Rakesh predicted last month. Intel announced its own forthcoming line of specialized chips at a conference last month as well.

AMD CEO Lisa Su promised the new cards would deliver outstanding performance. “We are the only company with the GPU and x86 silicon expertise to address the broad needs of the datacenter and help advance the proliferation of machine intelligence,” Su said in a statement.

The company is developing open-source software tools as well as seeking to integrate with existing software platforms for deep learning. One AMD software tool set, known as ROCm, is already compatible with several popular machine learning software frameworks and will work with Google’s (GOOG) Tensorflow platform starting in January.

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