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NVIDIA invests $5B in Intel, with plan of codesigning chips.
Read more: NVIDIA invests $5B in Intel, with plan of codesigning chips.Intel appeared to get a lifeline from NVIDIA. The companies announced an investment of $5 billion by NVIDIA, plus plans for co-designing chips. The agreement still must be approved by federal regualators. Press Release from NVIDIA: NVIDIA (NASDAQ: NVDA) and Intel Corporation (NASDAQ: INTC) today announced a collaboration to jointly develop multiple generations of custom…
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Intel passed on investing $1 B for 15% stake in OpenAI in 2018. Intel now to cut 15% of employees.
Read more: Intel passed on investing $1 B for 15% stake in OpenAI in 2018. Intel now to cut 15% of employees.There are reasons why CEOs get paid a lot. One of them is that they are responsible for making decisions that can make or break a company. Sadly, it appears something of that sort might be happening to Intel. After it was reported earlier this week that Intel will layoff 15% of its workforce, reports…