Former Intel CEO Pat Gelsinger invests in British AI chip startup Fractile
Details of the investment have not been disclosed
News - Pat Gelsinger
The latest news from the data center, telco, and cloud sector
-
-
Intel shareholders file lawsuit claiming Foundry business violated federal securities laws
Former CEO Pat Gelsinger amongst executives named in the case
-
Intel CEO Pat Gelsinger 'retires' as turnaround stalls
Two interim CEOs have been appointed until a replacement is found
-
US gov't to award reduced CHIPS Act funding to Intel
Company will receive $7.9bn
-
Intel posts $16.6bn Q3 loss, but revenue beats expectations
Results a “good step” says CEO, despite largest-ever loss
-
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
-
Intel and AMD form x86 ecosystem advisory group
Linus Torvalds and Tim Sweeney join biggest tech names
-
AWS enters "multi-year, multi-billion-dollar" custom chip deal with Intel
Handing a crucial lifeline to the beleaguered chipmaker
-
Intel hits pause on chip fabs in Germany and Poland amid financial crisis
Chipmaker lost $1.6bn in Q2, will spin off foundry business
-
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
-
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
-
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
-
Intel planning to cut thousands of jobs – report
Company due to post Q2 2024 results this week
-
Intel hires Micron’s Dr. Naga Chandrasekaran as EVP of Foundry manufacturing & supply chain
First day at the company is August 12
-
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
-
Intel Foundry unit posts $2.5bn operating loss for Q1 2024
But CEO Pat Gelsinger says company is “right on track”
-
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
-
Intel’s chip making business reports $7bn in losses; figures to worsen in 2024
Updates financial reporting structure to increase transparency
-
Intel to receive $8.5bn in direct funding from US CHIPS Act
President Biden will visit Intel’s Chandler, Arizona, campus to announce the deal
-
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
-
Intel pushes back construction timeline on $20bn Ohio chip fab
Site is not expected to be completed until 2026
-
Intel announces a further 311 job cuts across California
Brings the total layoffs by Intel in the state to more than 1,700 this year
-
Intel posts its largest ever quarterly loss, data center & AI division sees first loss in history
Company hopes that this is rock bottom
-
Intel to sell dedicated server business to MiTAC
And company announces collaboration with Arm on SoC design
-
Intel forecasts loss as data center growth slows and PC demand drops
"We stumbled," Intel CEO admits, warning of more stumbling
-
Intel Foundry head steps down, as contract chip making division tries to ramp up
Randhir Thakur leaves amid wider company cuts
-
Intel CEO says job cuts are on the way as "costs are too high and our margins are too low"
Employees will find out what's happening next month, with thousands at risk
-
Intel kills off Optane Memory, writes off $559 million inventory
In a terrible quarter for the chip giant