Apollo Global Management reportedly offered to invest up to $5 billion in chipmaker Intel. Intel executives are considering the proposal, Bloomberg reported Monday (Sept. 23), citing unnamed sources. The size of the potential investment could change, or the talks could come to nothing, according to...
This year is shaping up to be a painful one for people working in tech. As Seeking Alpha noted in a report Sunday (Aug. 18), layoffs in the tech space accelerated this month, with Cisco and Intel announcing the elimination of close to 21,000 jobs....
This week in artificial intelligence (AI) news, regulation is ramping up as policymakers aim to ensure safe and responsible AI development. Meanwhile, tech giants like Intel, AMD, Microsoft, OpenAI, and Nvidia face increased scrutiny from the FTC and DOJ. AI Regulation Ramps Up As AI...
At the Computex 2024 tech expo in Taiwan this week, artificial intelligence (AI) was the show’s star as Silicon Valley heavyweights Intel, Nvidia, AMD and Qualcomm displayed their latest AI innovations. The event drew over 80,000 attendees, according to a Friday (June 7) news release,...
March 21, 2024
Saudi Arabia aims to carve out a leadership role in the burgeoning artificial intelligence (AI) field with a proposed $40 billion investment fund, as The New York Times reported. The country is one of many global giants in the race to shape the future of AI, including Andreessen Horowitz and Nvidia, with investments in generative […]
January 10, 2024
CES 2024 is shaping up to be a watershed event for artificial intelligence (AI) and the connected economy. After the pre-show hype focused on robotics and the connected home, the...
January 03, 2024
If next week’s Consumer Electronics Show is any indication, artificial intelligence is moving from the world of engineering and technology to the province of consumers, commerce and the connected economy....
December 07, 2021
The road to connected cars, to autonomous vehicles, is only as smooth as the technology under the hood, so to speak. Intel is betting that a spinoff of its own...
September 23, 2024
Apollo Global Management reportedly offered to invest up to $5 billion in chipmaker Intel. Intel executives are considering the proposal, Bloomberg reported Monday (Sept. 23), citing unnamed sources. The size of the potential investment could change, or the talks could come to nothing, according to the report. Neither Apollo Global Management nor Intel immediately replied […]
August 18, 2024
This year is shaping up to be a painful one for people working in tech. As Seeking Alpha noted in a report Sunday (Aug. 18), layoffs in the tech space...
April 09, 2024
Intel announced the release of its latest artificial intelligence chip, the Gaudi 3, as part of an industry-wide effort to develop chips capable of running AI models, such as those used...
February 16, 2024
OpenAI CEO Sam Altman is reportedly seeking approval from the U.S. government for an initiative aimed at enhancing the global manufacturing of artificial intelligence chips. The venture has the potential...