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Intel moves to spin out foundry business, inks AI chip deal with AWS
Intel announced it'll pause its chip-making plans in Poland and Germany -- and expand a deal with AWS to build custom chips, including an AI processor.
Intel strikes deal with Amazon to develop AI chips for AWS
CNBC’s Seema Mody reports on Intel's new deal to build AI chips for Amazon, how it could affect share prices, and more.
Intel to spin off chip fab business unit as AWS signs up for custom AI chips
According to Gelsinger, spinning off Intel Foundry as a fully independent subsidiary will enable it to evaluate independent funding sources. The decision was made days after Gelsinger and other executives met with Intel’s board of directors to assess the future of the company.
Intel to Manufacture AI Chips for Amazon’s AWS
The collaboration will focus on creating a unique "fabric chip" for Amazon Web Services (AWS) using Intel's 18A process.
Intel stock surges on plans to make AI chips for Amazon and to turn foundry into subsidiary
Shares of Intel are surging before the opening bell after the chipmaker said its foundry business would make some custom artificial intelligence chips for Amazon Web Services as it attempts to reinvig
Intel to Make Custom AI Chip for Amazon
Intel CEO Pat Gelsinger has landed Amazon’s AWS as a customer for the company’s manufacturing business, potentially bringing work to new plants under construction in the US and boosting his efforts to turn around the embattled chipmaker.
Intel stock surges 14% on AI chip deal with Amazon
The two companies will co-invest in making "fabric chips" that will be built in a new factory under construction outside Columbus, Ohio.
Intel's Amazon chip deal lifts investor confidence in money-losing foundry unit
Intel shares jumped 7% before the bell on Tuesday, as a chip-making deal with Amazon's cloud business provided a major stamp of approval for its struggling contract manufacturing business. The chipmaker will build custom AI chips for Amazon Web Services (AWS) as part of the multibillion-dollar deal.
Intel Developing AI Chips for Amazon in Multibillion-Dollar Deal
Intel is making two new AI-capable chips for Amazon's cloud computing unit, including one based on Intel's Xeon 6.
2d
on MSN
AWS shuts down DeepComposer, its MIDI keyboard for AI music
AWS’ weird AI-powered keyboard experiment, DeepComposer, is no more. In a blog post today, the company announced it’s ...
CRN
6d
AWS’ AI Chips ‘Extremely Important’ For Cost And Supply Chain: Partner
AWS AI chip manufacturing is important for Amazon supply chain and customer IT costs as Matt Garman tout processor investment ...
1d
Data-Driven AI: The strategic collaboration Between AWS and Salesforce Data Cloud
Discover how Salesforce Data Cloud, in partnership with AWS Marketplace, is enhancing AI-driven decision-making for smarter, ...
cnbctv18
3d
AWS AI Day 2024: Unleashing AI's potential for India’s $26 trillion growth story
Get the latest Business News, Live Share & Stock Market Updates, Top News from India and across world. Read Top Business News ...
NewscastStudio
13d
AWS to highlight generative AI, cloud advancements at IBC 2024
An expanded Builder Zone will enable attendees to take a technical deep dive and experiment with AWS solutions. They’ll be ...
3d
Intel, AWS to expand AI chipmaking partnership
Intel (INTC) and Amazon Web Services (AMZN) have announced a co-investment into a multi-year strategic collaboration to ...
cnbctv18
2d
AWS selects seven Indian startups for global generative AI programme
This cohort represents the highest number of startups chosen from any country in the Asia-Pacific region, highlighting ...
Datacenter Dynamics
1d
Commonwealth Bank to use AWS EC2 P5 instances for AI
CBA will use AWS' EC2 P5 instances within the Sydney region. EC2 P5 instances were launched in July 2023 and provide ...
Government Technology
26m
Building an Enterprise AI Model
State and local governments, along with educational institutions, are increasingly adopting AI to harness data for improved ...
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