Semiconductor giant Intel hired semiconductor veteran Lip-Bu Tan to be its new CEO. This news comes three months after Pat Gelsinger retired and stepped down from the company’s board, with Intel CFO David Zinsner and Executive Vice President of Client Relations Michelle Johnston Holthaus stepping in as co-CEOs. Tan, who was most recently the CEO […]
As Intel welcomes a new CEO, a look at where the company stands Read More »
DeepSeek’s new open source AI reasoning model, R1, sparked a sell-off of Nvidia’s stock and caused its consumer app to soar to the top of the app stores. Last month DeepSeek said it trained a model using a data center of some 2,000 of Nvidia’s H800 GPUs in just about two months at a cost
Intel’s newly departed ex-CEO Pat Gelsinger could be walking away with more than $10 million in severance pay. As per a filing with the Securities and Exchange Commission (SEC) today, Intel and Gelsinger entered into a “retirement and separation agreement” which will entitle the former CEO to a payment equal to 18 months of his
Pat Gelsinger set to net more than $10M severance from Intel Read More »
