Intel got many excited last year when it started talking up its Larrabee tech that combined a GPU with a CPU. Intel thought the tech would change the world of computing and eliminate the GPU. The problem was the GPU makers beat it to market with GPGPUs.
Intel then had problems with the GPU and software not cutting the mustard and postponed the project to a 2010 introduction. Hardmac has a source that claims to be an Intel engineer on the project. According to the anonymous source, Larrabee is still on roadmaps and in development.
The problem is that Intel still has not yet decided if the project will be released. Perhaps Intel is waiting to see how NVIDIA does with Fermi. If NVIDIA falters, Larrabee might be ready.