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Intel had previously said it would slash 15% of its workforce as it pursues the turnaround strategy of previous CEO Pat Gelsinger, who aimed to restore Intel’s lead in manufacturing chips. However, ...
Intel is geared to release its quarterly results this week that will give the market clear insights into the CEO Lip-Bu Tan’s plan to turnaround the firm.
However, the company's AI plans remain uncertain after it relegated its Falcon Shores chips to internal testing, leaving it without a competitive flagship in the AI market. The chipmaker is scheduled ...
and software. Despite canceling the codenamed Falcon Shores GPU (which used to be a hybrid processor with x86 and Xe cores before becoming just a data center GPU), Intel stressed that Jaguar ...
Intel has unveiled plans to develop its own artificial intelligence (AI) chips to challenge Nvidia’s dominance in the booming ...
Intel is planning to lay off over 21000 employees, accounting for nearly 20 percent of its total workforce of 108900, according to Bloomberg. This will be the company’s largest round of layoffs to ...
Intel's AI plan also remains in flux. The company has relegated its Falcon Shores graphics chips to internal testing, leaving it without a competitive flagship in the booming AI market.
a chip called Falcon Shores. Developing the new AI strategy will fall to Katti. Tan's email says Katti "is expanding his responsibilities to include the role of chief technology and AI officer for ...
However, the company's AI plans remain uncertain after it relegated its Falcon Shores chips to internal testing, leaving it without a competitive flagship in the AI market. The chipmaker is ...
Despite acquiring several AI chip startups, Intel failed to settle on a coherent strategy to challenge Nvidia, and in January shelved its most recent attempt, a chip called Falcon Shores.