Intel

RealSense spins out of Intel to scale its stereoscopic imaging technology

AI /

After 14 years of developing inside of semiconductor giant Intel, RealSense is striking out on its own. RealSense sells cameras that use stereoscopic imaging, a process that combines two images of the same object from different angles to create depth, enhanced with infrared light. This technology helps machines like robots, drones, and autonomous vehicles have […]

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Intel hits the brakes on its automotive business, and layoffs have started

Transportation /

Intel is shuttering its automotive architecture business and laying off most of its staff as part of a broader restructuring at the chipmaker. The news was first reported by The Oregonian/Oregon Live, which cited an internal memo that was shared with employees Tuesday morning. Intel confirmed to TechCrunch that plans to wind down the auto

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Intel is reportedly exploring a sale for its networking and edge unit

Hardware /

Intel CEO Lip-Bu Tan continues to consider ways to help semiconductor giant refocus on its core business. Intel is allegedly considering selling its networking and edge unit, according to reporting to Reuters, as Tan looks to shed business divisions that aren’t considered critical. This unit builds makes chips for telecom equipment and was responsible for

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Intel’s chief commercial officer and sales lead, Christoph Schell, resigns

Enterprise /

Christoph Schell, Intel’s EVP and chief commercial officer, is leaving the company after two years in the role, according to a filing with the SEC. Schell notified Intel of his decision to leave on Monday, and will resign on June 30 “in order to pursue another career opportunity,” per the filing. It isn’t clear who will replace

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Intel reverses course, opts not to spin out Intel Capital

Enterprise /

Semiconductor giant Intel won’t spin out its venture arm, Intel Capital, after all. During Intel’s Q1 earnings call Thursday, Intel CEO Lip-Bu Tan said the company has reversed its decision to spin out its 34-year-old venture arm. Instead, Intel Capital will remain internal and continue to invest with Intel’s interests in mind. “We have made

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