Karl Freund, an analyst at Moor Insights & Strategy, estimates the market for artificial-intelligence hardware in data centers this year is worth around $2 billion. "Facebook Pitches In on Intel's Coming Artificial Intelligence Chip" at 2:00 p.m. ET and updated at 3:10 p.m. ET, incorrectly stated his estimate is at least $500 million. (Oct. 18, 2017)

(END) Dow Jones Newswires

October 18, 2017 17:52 ET (21:52 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.
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