Intel to lay off 22% of workforce
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Que.com on MSNIntel Unveils AI Robotics Division Amid Post-Layoff InnovationsIn a move that underscores its commitment to future technologies, Intel has announced the launch of a groundbreaking AI Robotics
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Cryptopolitan on MSNIntel stock plunges after CEO's strategy shiftOn Friday, Intel shares tumbled 8.5% as remarks from CEO Lip‑Bu Tan prompted concerns that he’s emphasizing expense reductions at the expense of the company’s technical supremacy. In the Q2 earnings call,
It is beginning to look like Intel plans to milk the impending 18A manufacturing process for a long time. The 18A process is akin to a refined 2 nanometer
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The Manila Times on MSNUS chipmaker Intel Q2 revenue up as it cuts ranksIntel on Thursday posted quarterly revenue that topped market expectations, saying it has cut about 15 percent of its workforce to be “more agile.”
The semiconductor colossus has revealed a decision to cut 410 jobs in the Bay Area during July, according to official WARN notices that Intel filed with the state Employment Development Department. Santa Clara-based Intel has reported plans for job cuts that are poised to take effect during July, the EDD filings show.
The round was led by an unnamed semiconductor private equity firm with participation from strategic investors that included Intel Capital and MediaTek Innovation Fund. It will enable RealSense to expand into adjacent markets and advance innovation in artificial intelligence, robotics and biometrics, the company said.
SAN FRANCISCO—RealSense, a developer of AI-powered computer vision, has announced its successful spinout from Intel Corp. and the close of a $50 million Series A funding round. With investment led by a renowned semiconductor private equity firm and participation from strategic investors, including ...
In the latest round of seemingly unrelenting layoffs, Intel cut hundreds more Bay Area jobs Tuesday. According to state filings with the Employment Development Department, the
11. Open Platform for Enterprise AI (OPEA) OPEA is a framework that can be used to provide a variety of common generative AI services such as retrieval augmented generation (RAG) for document search and summation. This includes LLMs and data stores, and includes blueprints that simplify architecting and deploying AI services for common use cases.
Intel CEO Lip-Bu Tan warned in April that the quest for efficiency would be accompanied by painful job losses. The semiconductor company had previously disclosed its intentions to cut 20% of its global workforce, which would equate to 21,000 workers worldwide.