On August 12, 2008, Intel will be presenting a paper on their future "many-core" processor architecture at SIGGRAPH 2008. Codenamed Larrabee, the new architecture will have many cores and feature a new approach to 3D graphics rendering.
Yes, you read that right. Larrabee will introduce a new software rendering model for 3D graphics. In other words, Larrabee will mark Intel's first serious foray into 3D graphics since their last discrete graphics chip, the Intel i740. If Intel Larrabee works as predicted, the days of discrete graphics may be limited.