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Intel
Business
Intel to Lay Off 24,000 Employees: CEO Says “Hard but Necessary Decisions”
Intel Corporation has announced it will lay off about 24,000 employees globally and cancel several major factory projects as part of a significant...
Tech & AI
Intel is cutting more jobs as CEO Tan tries to fix manufacturing missteps | Technology News
Intel is going to end the year with a workforce that is over a fifth smaller than last year, it said on Thursday,...
Tech & AI
Intel continues to pull back on its manufacturing projects
Intel CEO Lip-Bau is making progress on his plan for the company to shed its inefficiencies. And that includes spiking several manufacturing projects.
The...
Tech & AI
Intel follows Microsoft with 5,000+ layoffs in one of July’s biggest tech job cuts | Technology News
The spate of layoffs in the IT sector seems to be moving forward unabated. Earlier this month, Redmond-based tech giant Microsoft announced that...
Tech & AI
RealSense spins out from Intel, secures $50 million to drive AI vision in robotics | Technology News
Computer vision technology firm RealSense said on Friday it has completed its spinout from Intel Corp and secured $50 million in early-stage funding...
Tech & AI
RealSense spins out of Intel to scale its stereoscopic imaging technology
After 14 years of developing inside of semiconductor giant Intel, RealSense is striking out on its own.
RealSense sells cameras that use stereoscopic imaging,...
Tech & AI
Former Intel CEO launches a benchmark to measure AI alignment
After former Intel CEO Pat Gelsinger capped off a 40+ year career at the semiconductor giant in December, many wondered where would Gelsinger...
Tech & AI
Intel hits the brakes on its automotive business, and layoffs have started
Intel is shuttering its automotive architecture business and laying off most of its staff as part of a broader restructuring at the chipmaker....