Intel Corp. INTC is reportedly exploring a strategic interest in AI chip startup Tenstorrent as major semiconductor companies race to strengthen their positions in the rapidly expanding AI inference ...
Intel Corp (NASDAQ:INTC, XETRA:INL) shares moved higher on Wednesday following reports that the company has shown early-stage interest in acquiring AI-chip startup Tenstorrent. According to Bloomberg, ...
The startup could be valued at $5 billion or more in a transaction, Bloomberg said, as investors watch pricing across the chip sector after Cerebras' recent IPO. Tenstorrent develops AI processors and ...
Intel is participating in a $350 million investment in artificial intelligence chip startup SambaNova and is also partnering with the startup. Intel CEO Lip-Bu Tan has been SambaNova's chairman since ...
The big picture: Intel CEO Lip-Bu Tan has been a strong champion of his dual identities as a technologist and an investor. In public appearances, he frequently references his hundreds of chip-sector ...
Raja Koduri joined Intel from AMD in 2017 to head up the company's Arc discrete graphics team. However, the launch of Intel Arc GPUs has so far not made much of a dent in NVIDIA or AMD's market share ...
Shares of Advanced Micro Devices (NASDAQ:AMD) are up 8% in midday trading on Wednesday, leading the large-cap chip complex.
Intel could be giving its burgeoning foundry ambitions a much-needed shot in the arm, as the chip giant’s venture capital arm today revealed that it’s making a “strategic” investment in an Israel- and ...
(Reuters) -Intel is in talks to acquire artificial intelligence processor maker SambaNova, which has been working with bankers to gauge interest from potential suitors, Bloomberg News reported on ...
Chipmaker Intel has planned to invest another $15 million in SambaNova, a chip startup chaired by Intel CEO Lip-Bu Tan, a Reuters review of corporate records showed. The investment, subject to ...