Intel Financial News

Oracle Corp agreed to prepay $104.1 million for processor chips made by startup Ampere Computing, according to Oracle's proxy statement filed on Friday. Oracle also invested $400 million in Ampere through a convertible note in its fiscal 2023, the proxy said.

Canada. A dossier put together by Indian intelligence agencies claims that he became the head of the Sikh temple by threatening his own cousin and the temple’s former president Raghbir Singh Nijjar. Nijjar, the dossier adds, was an old associate of Khalistan Commando Force (KCF) terrorist Gurdeep Singh aka Deepa Heranwala, who was involved in over 200 killings in Punjab in the late 1980s and early 1990s.

European Union antitrust enforcers have slapped Intel with a fresh $400 million fine in a long-running legal fight that the chipmaker appeared to have won last year

European Commission slapped a reduced fine of 376 million euros ($400 million) against US chipmaker Intel Friday for abusing its dominance in the computer chip market, after an EU court annulled a bigger penalty. The European Union's antitrust enforcer said Intel had «engaged in a series of anticompetitive practices aimed at excluding competitors from the relevant market», it added.

₹1,999. Price at $799, the new Surface Go 3 comes with a 12.4-inch touchscreen and the upgraded 12th generation Intel core i5 chipset paired 16GB of RAM and 512 GB of storage.

Microsoft will host its Surface Event in New York City today where a lot of new products are expected to be launched while the event could also feature the tech giant showcasing the new AI features coming to Windows 11. The Surface event is slated to start at 7 AM PT or 7:30 PM (India time) on September 21 from New York City and the recording of the event will be available online at 10:30 PM (India time) on the Microsoft event website.

Semiconductor supply chains in Asian countries such as India, China, Malaysia, Taiwan, Vietnam, and Indonesia are becoming more significant over time for Intel, the company’s chief executive officer Pat Gelsinger said. “With our footprints in Malaysia and the vast supply chains in China and Taiwan, and areas like Vietnam, Indonesia, and India are now becoming more significant. As these projects start coming online with their manufacturing capabilities, we will have a robust Americas supply chain, and robust supply chain in Europe and Asia,” Gelsinger said, responding to a question from ET.

market capitalization to more than $1 trillion. Intel Inc. does not want to be left behind in the AI race, as was evident during the Intel Innovation 2023 event that began on 19 September in San Jose, California.

Intel chip due in December will be able to run a generative artificial intelligence chatbot on a laptop rather than having to tap into cloud data centers for computing power, the company said on Tuesday. The capability, which Intel showed off during a software developer conference held in Silicon Valley, could let businesses and consumers test ChatGPT-style technologies without sending sensitive data off their own computer. It is made possible by new AI data-crunching features built into Intel's forthcoming «Meteor Lake» laptop chip and from new software tools the company is releasing.

The same Ohio river valley where the Wright brothers pioneered human flight will soon manufacture cutting-edge electric vertical takeoff and landing aircraft

Canada's allegations against India ‘explosive’, ANI reported. “These are explosive allegations by Trudeau against India, as yet unproven. The already frayed bilateral relationship will take a nose dive, and the Indo-Canadian diaspora will be driven by this.

Narendra Modi and his Canadian counterpart Justin Trudeau during the G20 Summit revolved around Trudeau's concerns regarding the alleged involvement of Indian government agents in the assassination of Hardeep Singh Nijjar, a Khalistani terrorist based in Canada, according to Michael Kugelman. The Director of the South Asia Institute at Wilson Center has said that Trudeau utilised the opportunity to discuss his concerns directly with PM Modi. Trudeau's visit to India had a broader agenda—participation in the G20 Summit.

Ohio river valley where the Wright brothers pioneered human flight will soon be manufacturing cutting-edge electric planes that take off and land vertically, under an agreement announced Monday between the state and Joby Aviation Inc. «When you're talking about air taxis, that's the future,» Republican Gov. Mike DeWine told The Associated Press. «We find this very, very exciting — not only for the direct jobs and indirect jobs it's going to create, but like Intel, it's a signal to people that Ohio is looking to the future.

Arm Holdings Plc's initial public share offering (IPO), it said on Tuesday. SoftBank Group's Arm Holdings, which launched the roadshow last week, aims to raise up to $4.87 billion in its U.S. IPO, according to a regulatory filing. Arm has already signed up other major clients as cornerstone investors in its IPO, including Apple, Nvidia, Alphabet, Advanced Micro Devices, Intel and Samsung Electronics. TSMC's Chairman Mark Liu said last week that «Arm is an important element of our ecosystem, our technology and our customers' ecosystem.

climate change, enhancing national security and correcting for four decades of globalisation during which workers suffered and growth slowed. In the emerging world, governments hope that subsidies can secure a foothold in supply chains as worried Westerners move production out of China. The sums being spent are vast, and growing.

artificial intelligence benchmark group called MLCommons unveiled the results on Monday of new tests that determine how quickly top-of-the-line hardware can run AI models. A Nvidia Corp chip was the top performer in tests on a large language model, with a semiconductor produced by Intel Corp a close second.

Afghanistan is headed towards a civil war, the Taliban is now riddled with factionalism, and the country is fast becoming a safe haven for foreign terrorists, a former Afghan commander has said. «I believe that the situation in Afghanistan is very critical and dangerous and it's going in a dangerous direction, which could be a civil war again, or which could be a split to Afghanistan because you see that in last two years Afghanistan has been controlled by the terrorists and it has fallen into terrorist hands,» Lt.

Qualcomm reached a three-year deal with Apple to supply the iPhone maker with 5G communications chips, the latest sign that Apple’s effort to make them in-house has yet to bear fruit. Qualcomm said Monday it would supply Apple with the modem chips for smartphone launches in 2024, 2025 and 2026, in a deal with terms similar to a previous arrangement between the companies. Past supply deals have been lucrative for Qualcomm and expensive for Apple.

By Stephen Nellis

digital companies including Intel, GlobalFoundries and Google are expected to attend a business meeting on Monday in Hanoi as President Joe Biden visits Vietnam to boost ties, two people familiar with the plan said. The meeting, which is still being arranged, would confirm U.S. plans to boost Vietnam's global role in different segments of chipmaking, as part of Washington's broader strategy to reduce the sector's exposure to China-linked risks, including trade restrictions and tensions over Taiwan.

OpenAI, Andrew Hopkins of Exscientia, Nancy Xu of Moonhub, Kate Kallot of Amini, Pelonomi Moiloa of Lelapa AI, Jack Clark of Anthropic, Raquel Urtasan of Waabi, Aidan Gomez of Cohere and more are among in the list. Moreover, the list also features 41 women and nonbinary individuals, which includes CEO & co-founder of Humane Intelligence Rumman Chowdhury; cognitive scientist Abeba Birhane; COO of Google DeepMind Lila Ibrahim; General Manager of the Data Center and AI Group at Intel Sandra Rivera; chief AI ethics scientist at Hugging Face Margaret Mitchell; Stanford professor Fei-Fei Li; artist Linda Dounia Rebeiz; artist Kelly McKernan; Margrethe Vestager, Executive Vice President, European Commission; Anna Eshoo, Representative, US Congress; Sneha Revanur, Founder and President, Encode Justice; Verity Harding, Director of the AI & Geopolitics Project, Cambridge University; Sarah Chander, Senior Policy Advisor, European Digital Rights; Nina Jankowicz, Vice President, Centre for Information Resilience; Elham Tabassi, Associate Director of Emerging Technologies, NIST among others.