Intel already has an AI only solution in the formof the Gaudi chips, mostly developed by Habana labs, with some sprinkles of nervana and movidius technology.
problem is, if you wanted to repurpose these for HPC (say weather modeling, nuclear modelling, geological seismic oil/gas surveys, movie/VFX rendering) the results were abysmal.
meanwhile, Arc GPUs are decent to mediocre at AI, but are decent to good for HPC. While these are marketed at AI, I'd not be surprised if the vast majority of these "Battlematrix" cards end up doing HPC
PS: intel was/is hard at work to produce a hybrid of gaudiand arc, but hit some snags. "ElReg" and sister site "The Next Platform" have covered this in varying depth