Intel officially owns up to GPU plans with Larrabee

From arstechnia article here: Project Larrabee — Intel has begun planning products based on a highly parallel,

"IA-based programmable architecture codenamed "Larrabee." It will be easily programmable using many existing software tools, and designed to scale to trillions of floating point operations per second (Teraflops) of performance. The Larrabee architecture will include enhancements to accelerate applications such as scientific computing, recognition, mining, synthesis, visualization, financial analytics and health applications. "