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The Israeli startup tackling AI's unpredictable behavior

Intel

20 stories about Intel

מנכ"ל אינטל פט גלסינגר 2 אפריל 2024

Intel's CEO to unveil aggressive cost-saving measures at pivotal board meeting

02.09.24|Reuters

Gelsinger’s strategy could include selling Altera and freezing factory expansions.

משרדי אינטל ב פתח תקווה

Intel ends car leasing program in latest cost-cut

01.09.24|Meir Orbach

The chip giant’s Israel management is aiming to save around $3.3 million by axing leasing as part of a broader layoff prevention strategy.

מנכ"ל אינטל פט גלסינגר אפריל 2024

Intel CEO Pat Gelsinger: "We see the finish line in sight"

"We respect some of the skepticism we've received from the market, but we believe we're up for the challenge," he added, despite the company's stock falling 59% this year and the significant cutbacks announced earlier this month.

Intel Ignite Tel Aviv hub

Intel shutting down startup accelerator Ignite amid massive cuts

29.08.24|Meir Orbach

Ignite is set to officially close in November, with the ninth and final cohort getting underway this past May.

Intel's layoff plan enters new phase after voluntary retirement program closes

28.08.24|Meir Orbach

With initial retirements complete, Intel focuses on additional layoffs and operational scaling.

משרדי אינטל פתח תקווה

Intel’s AI struggles and bureaucratic culture led to key board member’s abrupt exit

27.08.24|Reuters

Lip-Bu Tan’s departure highlights internal conflicts and strategic misalignments at the faltering chip maker.

Lawsuit alleges Intel fired Jewish VP for complaining about anti-Israel bias

14.08.24|Reuters

Former IDF soldier sues after alleging retaliation for reporting supervisor's anti-semitic posts.

מטה אינטל ו סם אלטמן

How Intel passed on OpenAI: The billion-dollar what-if

07.08.24|Reuters

In 2017 and 2018, Intel executives discussed buying a 15% stake in OpenAI for $1 billion, with the option of an additional stake if they provided hardware at cost. However, Intel ultimately declined the deal, as then-CEO Bob Swan doubted generative AI would reach the market soon enough to justify the investment.

פט גלסינגר מנכ"ל אינטל ה עולמית

Up to 19 months of pay: What Intel is offering employees for early retirement

Employees with five years of service will receive four months' salary, those with over 10 years will be entitled to 10 months' salary, and employees with more than 30 years of service will receive 19 months' salary upon retirement.

Intel laying off more than 15% of workforce, cutting costs by $10 billion

02.08.24|Omer Kabir

The chip giant said it will part ways with around 15,000 employees globally by the end of the year after registering a loss of $1.6 billion in the second quarter of 2024.

פט גלסינגר אינטל

Intel’s mass layoffs: A desperate move that might not be enough

01.08.24|Omer Kabir

Cutting thousands of jobs may offer temporary relief, but Intel’s long-term outlook remains shaky.

Startup Nation prepares for Intel layoffs - and Israel's Most Promising Startup just got more money

Also on our AI-native show: Pagaya acquiring asset firm Theorem in deal valued at tens of millions of dollars

בניין אינטל ב חיפה

Intel to layoff thousands of employees in latest round of cutbacks

31.07.24|Omer Kabir

According to a Bloomberg report, the chip company could present the plan as early as this week.

כנס צמיחה קארין אייבשיץ סגל סגנית נשיא תאגידי ומנכלית משותפת אינטל ישראל

“Intel is the only Western company that manufactures silicon chips with the most advanced technology and this is an opportunity”

27.06.24|Shaked Green

Karin Eibschitz Segal, VP at Intel, added that “Intel's uniqueness in AI is that it is one of the only companies in the world that has a full portfolio—meaning the ability to develop end-to-end solutions."

אפליקציה מוביט ברצלונה Moovit

Mobileye’s Moovit cutting 10% of staff

Around 20 employees are being let go by the company, which was acquired for $1 billion four years ago

Israel's "groundbreaking" cancer treatment and a new $35 million Seed round?

14.06.24|Elihay Vidal

Our AI-generated hosts talk through some of tech's biggest stories this week

חדר נקי ב מפעל אינטל ב קריית גת

"Intel can no longer afford to build a production line without knowing in advance who its customers will be"

13.06.24|Sophie Shulman

The freeze on construction at the Kiryat Gat Intel plant is a severe blow to Israel, potentially creating ripples throughout the industry. This situation arises from internal troubles within the faltering company, which is hesitant to open a new plant without having customers, especially since subsidies abroad are much higher.

מפעל שבבים אינטל קרית גת

Intel halts construction of new $25 billion factory in Israel

10.06.24|Sophie Shulman

Intel's suppliers received notice of the cancellation of contracts for the supply of equipment and materials required for the establishment of the company's new factory over recent days. The Ministry of Finance was aware of the company's decision to halt the establishment of the plant.

Lunar Lake מעבד אינטל

Intel pins AI comeback hopes on Israel-developed Lunar Lake chip

04.06.24|Omer Kabir

"Lunar Lake is more efficient in artificial intelligence performance compared to what most of the competitors have today," Arik Gihon, the architect of Lunar Lake at Intel, told Calcalist. "It's able to perform more operations per second than any other processor (for laptops) today, including the Qualcomm processor. And it's completely Israeli."

מטה אנבידיה בסנטה קלרה קליפורניה

Nvidia’s financial leap confirms accelerating AI industry

23.05.24|Omer Kabir

Nvidia smashed revenue forecasts with a 262% jump to $26 billion. Net profit soared 628% to $14.88 billion. The company raised its forecasts and expects revenues of $28 billion in the next quarter

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