💨 Abstract

Intel's new CEO, Lip-Bu Tan, plans to revitalize the company by restructuring its AI strategy, cutting staff, and revamping its manufacturing operations. Tan aims to improve performance at Intel Foundry, win over large customers, and produce AI chips with a new technology called "18A." The goal is to move to an annual release schedule of AI chips like Nvidia but this will take years.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖