Reported 14 days ago
Intel has launched two new artificial intelligence chips, the Xeon 6 CPU and Gaudi 3 AI accelerator, aiming to enhance its data center business and compete with rivals AMD and Nvidia. The announcement coincides with rumors of potential acquisitions by Qualcomm and investments from Apollo Global Management in Intel. Despite the new chips promising improved performance, Intel's stock has fallen significantly this year, leading the company to redesign its strategy and seek major clients like Amazon and Microsoft.
Source: YAHOO