Close
Intel is under pressure to revamp its AI strategy as it struggles in the competitive chip market. CEO Pat Gelsinger is evaluating significant changes to regain market share against rivals Nvidia and AMD. The board's directive to focus on AI has led to the establishment of an AI Acceleration office, but Intel still lags in sales.
Despite the introduction of new products like the Gaudi 3 chips, Intel's sales projections are far behind Nvidia's multibillion-dollar figures. The company is also facing internal challenges, including executive departures and a declining stock price. Gelsinger's upcoming comprehensive plan will address asset sales and cost reductions to navigate these turbulent times.
• Intel is evaluating major changes to its AI strategy to regain competitiveness.
• Gelsinger faces scrutiny as Intel's market value drops significantly.
Intel's board is pushing for a stronger focus on AI to improve competitiveness.
Intel's Gaudi 3 chips are an example, but they are not performing as well as competitors' offerings.
Intel is considering an IPO for its Altera unit as part of its strategic overhaul.
Intel is currently facing challenges in the AI chip market and is exploring strategic changes.
Nvidia has significantly outperformed Intel in AI chip sales, contributing to Intel's competitive pressure.
Business Insider on MSN.com 10month
The Wall Street Journal on MSN.com 12month
Isomorphic Labs, the AI drug discovery platform that was spun out of Google's DeepMind in 2021, has raised external capital for the first time. The $600
How to level up your teaching with AI. Discover how to use clones and GPTs in your classroom—personalized AI teaching is the future.
Trump's Third Term? AI already knows how this can be done. A study shows how OpenAI, Grok, DeepSeek & Google outline ways to dismantle U.S. democracy.
Sam Altman today revealed that OpenAI will release an open weight artificial intelligence model in the coming months. "We are excited to release a powerful new open-weight language model with reasoning in the coming months," Altman wrote on X.
Log in
Sign Up
AI Tools - Popular
AI Tools - Categories
GPTs - Categories
AI for Jobs
Key AI Highlights in this Article
Key AI Terms Mentioned in this Article
Companies Mentioned in this Article
