PYMNTS-MonitorEdge-May-2024

Intel

Samsung Warns of Lower Earnings as Tech Giants Race to Meet Demand for AI
Samsung Warns of Lower Earnings as Tech Giants Race to Meet Demand for AI
October 09, 2024  |  artificial intelligence

When Samsung warned this week that its third-quarter profits would fall short of expectations, it wasn’t just a blip for the South Korean tech giant....

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Report: Apollo Global Management Offers $5 Billion Investment in Intel
Report: Apollo Global Management Offers $5 Billion Investment in Intel
September 23, 2024  |  Investments

Apollo Global Management reportedly offered to invest up to $5 billion in chipmaker Intel. Intel executives are considering the proposal, Bloomberg reported Monday (Sept. 23),...

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Tech Layoffs Reach 132,000 8 Months Into 2024
Tech Layoffs Reach 132,000 8 Months Into 2024
August 18, 2024  |  Technology

This year is shaping up to be a painful one for people working in tech. As Seeking Alpha noted in a report Sunday (Aug. 18),...

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This Week in AI: Regulation Ramp Up, Intel and AI Chips, FTC Probe
This Week in AI: Regulation Ramp Up, Intel and AI Chips, FTC Probe
June 07, 2024  |  artificial intelligence

This week in artificial intelligence (AI) news, regulation is ramping up as policymakers aim to ensure safe and responsible AI development. Meanwhile, tech giants like...

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From Chips to Desktops, AI in Spotlight at Taiwan’s Computex Expo
From Chips to Desktops, AI in Spotlight at Taiwan’s Computex Expo
June 07, 2024  |  artificial intelligence

At the Computex 2024 tech expo in Taiwan this week, artificial intelligence (AI) was the show’s star as Silicon Valley heavyweights Intel, Nvidia, AMD and...

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Intel Ups the AI Ante With New Chips for Data Centers
Intel Ups the AI Ante With New Chips for Data Centers
June 04, 2024  |  Artificial Intelligence

In the hypercompetitive arena of artificial intelligence, Intel unveiled its latest gambit: the Xeon 6 processor. The next-generation AI chip, which debuted Tuesday (June 4)...

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Digital Tools Go for Gold at Paris Summer Olympics
Digital Tools Go for Gold at Paris Summer Olympics
April 17, 2024  |  Technology

As the 100-day countdown to the 2024 Paris Olympic and Paralympic Games begins, anticipation is not just limited to the athletic feats but also the digital innovations...

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Intel and Partners Want to Solve Enterprise AI’s Interoperability Problem
Intel and Partners Want to Solve Enterprise AI’s Interoperability Problem
April 17, 2024  |  artificial intelligence

Few innovations throughout history have progressed as fast as generative artificial intelligence (AI) has. And with the news Tuesday (April 16) that Intel, working with...

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Why It Seems Like Every AI Company is Making Their Own Chip
Why It Seems Like Every AI Company is Making Their Own Chip
April 11, 2024  |  artificial intelligence

Big Tech firms are racing to develop custom chips that supercharge the efficiency and cut costs of artificial intelligence (AI). Meta has launched its latest...

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