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In 2017, OpenAI reportedly offered Intel a 15% stake for $1 billion.
Sources also reveal that Intel’s data center didn’t want to manufacture and develop products forOpenAIat cost.
Intel logo
“This is painful news for me to share.
I know it will be even more difficult for you to read,” added Gelsinger.
But how did Intel land itself in this position?
NVIDIA RTX 4070
Interestingly,NVIDIAhas shown tremendous growth in this new category.
As you may know, NVIDIA is currentlythe most profitable semiconductor chip brandahead of Samsung and Intel.
Intel has reportedly attempted to compete with NVIDIA and AMD by developing AI chips but has failed.
Whether Intel manages to catch up to its rivals remains to be seen.
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