It's the Larrabee/Knights Ferry successor codenamed Knights Corner. Hot Hardware has the presentation slides here http://hothardware.com/Reviews/Intel-Announces-MIC-Xeon-Phi-Aims-For-Exascale-Computing/
The chip can sustain 800 GFLOPS performance with DP, more than 4x what AMD's top (single) GPU is capable of sustaining (190 GFLOPS of DP), and about 8x what an 8 core E5-2600 can sustain. As the Xeon Phi name suggests, the idea of a Larrabee-based GPU is pretty much discarded. Knights Ferry (a non-commercial test chip) was used in content creation and simulation systems, hinting at the uses Intel is now targeting.
Xeon Phi looks to be set to work as both a multi-core CPU and as a high performance GPGPU processor. The advantage it has may be full x86 compatibility, which puts it far ahead of programming environments used by other GPUs (many language restrictions and critical micro-management of data is necessary, and generically written code performance is haphazard between architectures).
The chip can sustain 800 GFLOPS performance with DP, more than 4x what AMD's top (single) GPU is capable of sustaining (190 GFLOPS of DP), and about 8x what an 8 core E5-2600 can sustain. As the Xeon Phi name suggests, the idea of a Larrabee-based GPU is pretty much discarded. Knights Ferry (a non-commercial test chip) was used in content creation and simulation systems, hinting at the uses Intel is now targeting.
Xeon Phi looks to be set to work as both a multi-core CPU and as a high performance GPGPU processor. The advantage it has may be full x86 compatibility, which puts it far ahead of programming environments used by other GPUs (many language restrictions and critical micro-management of data is necessary, and generically written code performance is haphazard between architectures).