US Authorities Eye Stakes in AI Chipmakers
US Commerce Secretary Howard Lutnick is considering the government acquiring stakes in Intel and other chip manufacturers in exchange for financial grants.
US Authorities Eye Stakes in AI Chipmakers
US Commerce Secretary Howard Lutnick is considering the government acquiring stakes in Intel and other chip manufacturers in exchange for financial grants.
Intel to Spin Off AI Manufacturing into Separate Business
Intel Corporation has announced a series of changes aimed at enhancing efficiency, competitiveness, and profitability. This was reported by the company’s CEO, Pat Gelsinger. Independence for Intel Foundry Intel will spin off its AI-related integrated circuit manufacturing business into an independent subsidiary. Intel Foundry will have its own board of directors and the ability to […]SoftBank Abandons AI Chip Partnership with Intel, Reports FT
SoftBank had been in discussions with Intel regarding the production of artificial intelligence chips to compete with Nvidia, but has decided against the plan. This is according to sources cited by the FT. The American manufacturer was unable to meet the Japanese group’s requirements, the newspaper noted. Talks may resume in the future. Collaboration between […]
Intel Unveils AI-Focused Automotive Processor
Intel has unveiled its first discrete graphics processor for vehicles, aimed at enhancing AI capabilities, during the AI Cockpit Innovation Experience event in China. Intel’s first discrete GPU for vehicles will bring #AI and increased compute to the #automotive industry, paving the way for a future of smarter, safer and more personalized driving. Learn more […]
Intel’s Missed Opportunity: Declining a Stake in OpenAI
Approximately seven years ago, Intel engaged in discussions with OpenAI regarding the acquisition of a 30% stake in the AI startup. This was reported by Reuters, citing sources. The agency discovered that over several months in 2017 and 2018, company executives explored various options, including purchasing 15% of shares for $1 billion. There was also […]
Intel to Cut 15,000 Jobs Amid AI Competition
Intel announced the layoff of 15% of its workforce, or approximately 15,000 employees, as it lags in the AI race. The decision is part of a plan to reduce expenses by $10 billion by 2025, linked to the company’s poor financial performance, as reflected in its second-quarter earnings report. The firm reported a loss of […]
Intel Unveils World’s Largest Neuromorphic System
Intel has unveiled the world’s largest neuromorphic computer, Hala Point, a device designed to mimic the workings of the human brain. According to the developers, the system runs more complex AI models compared to conventional ECMs. The project is based on the Pohoiki Springs research cluster. While traditional computing machines use a processor to perform […]
Intel Unveils Next-Generation AI Chip Gaudi 3
Intel has introduced its next-generation AI chip, the Gaudi 3. The new model is more than twice as energy-efficient as its predecessor and is available in various configurations. For instance, it can be supplied as a set of eight Gaudi 3 chips on a single motherboard or as a card that can be installed in […]
Intel CEO signals plan to embed AI in every product
Intel CEO Pat Gelsinger, in the second-quarter 2023 earnings report, stated plans to embed artificial intelligence in every product the company creates.
Intel Demonstrates AI Coprocessor in Meteor Lake
Intel showcased the operation of the 14th-generation Meteor Lake mobile processor at Computex 2023 on two working laptops.We use cookies to improve the quality of our service.
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