Pat Gelsinger-backed optical startup raises $27.5M to scale VCSELs for AI links
PicoJool eyes staff growth and low-power micro-laser modules
News - Pat Gelsinger
The latest news on networking, cloud, and AI infrastructure
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US gov't to award reduced CHIPS Act funding to Intel
Company will receive $7.9bn
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Intel posts $16.6bn Q3 loss, but revenue beats expectations
Results a “good step” says CEO, despite largest-ever loss
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Intel to lay off more than 2,200 workers across Oregon, Arizona, California, and Texas
Part of a broader plan to cut 15,000 jobs
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Intel and AMD form x86 ecosystem advisory group
Linus Torvalds and Tim Sweeney join biggest tech names
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AWS enters "multi-year, multi-billion-dollar" custom chip deal with Intel
Handing a crucial lifeline to the beleaguered chipmaker
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Intel hits pause on chip fabs in Germany and Poland amid financial crisis
Chipmaker lost $1.6bn in Q2, will spin off foundry business
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Intel executives set to present cost-cutting plan to board this month
Could include proposal to shed Altera chip unit or shelve German chip fab
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Intel board member Lip-Bu Tan resigns after alleged disagreements over management of company
Chipmaker also looking to fend off potential activist campaign from investors
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Intel posts $1.6bn net loss for Q2 2024; plans more than 15,000 layoffs
Company saw its stock price sink after results were published
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Intel planning to cut thousands of jobs – report
Company due to post Q2 2024 results this week
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Intel hires Micron’s Dr. Naga Chandrasekaran as EVP of Foundry manufacturing & supply chain
First day at the company is August 12
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Intel Xeon 6 E-cores now available; company reveals pricing for Gaudi AI accelerator
Company claims its accelerator kits are cheaper than comparable competitor offerings
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Intel Foundry unit posts $2.5bn operating loss for Q1 2024
But CEO Pat Gelsinger says company is “right on track”
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Intel unveils Gaudi 3 AI accelerator; provides updates on wider AI enterprise product portfolio
Claims new AI accelerator provides 50 percent better inference than Nvidia H100
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Intel’s chip making business reports $7bn in losses; figures to worsen in 2024
Updates financial reporting structure to increase transparency
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Intel to receive $8.5B in direct funding from US CHIPS Act
President Biden will visit Intel’s Chandler, Arizona, campus to announce the deal
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Intel separates Product and Foundry lines, updates its process roadmap and announces Microsoft partnership
Announcements were made at the first Intel Foundry Direct Connect in San Jose, California
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Intel pushes back construction timeline on $20bn Ohio chip fab
Site is not expected to be completed until 2026
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Intel posts its largest ever quarterly loss, data center & AI division sees first loss in history
Company hopes that this is rock bottom
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Intel forecasts loss as data center growth slows and PC demand drops
"We stumbled," Intel CEO admits, warning of more stumbling
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VMware Project Maestro orchestrates telco cloud
VMware also added security services and unveiled a beta program for two of its new Kubernetes products