Intel's Larrabee will not launch for another year or two, but additional details were shared this week on this project that will launch Intel into the discrete graphics arena. We've known this already, but Larrabee will be a many-core graphics processor with an x86 instruction set designed to compete with the graphics cards from both ATI/AMD and NVIDIA. Larrabee will be scalable to TeraFLOPS, feature a new cache architecture and vector instruction set, and a new vector processing unit / wide SIMD, according to slides provided by Intel...
No, but you qualify as something else (I won't say what).
Intel trying to compete with NVidia/ATI is big news. VERY big news.
Not really, they have tried this game before *cough* i740 *cough*. Larabee is still 12 - 18 months away. By that time AMD/Nvidia will have made huge performance gains as they seem to do every 6 months. And don't forget their engineers for larrabee are mostly old 3DLabs staff which in pretty much attempt to come back has failed miserably in the past decade.