It was recently reported that Intel also had an opportunity to invest in OpenAI back in 2018, but former CEO Bob Swan didn’t think generative AI would arrive soon enough to realize a return in a reasonable timeframe. OpenAI is now privately valued at over $150 billion, more than Intel’s market cap of $110 billion.

In a bid to revive employees' morale and workplace culture, Intel is reintroducing free coffee and tea at its offices, a perk that was suspended last year as part of sweeping budget cuts. This move, reported by The Oregonian,