By
Paula ParisiJanuary 5, 2024
Intel has teamed with Florida-based investment firm DigitalBridge to launch Articul8, an independent company catering to the GenAI software needs of enterprise customers by offering secure, vertically-optimized full-stack solutions. Intel says the GenAI system can read text and images. It was reportedly developed by Intel to meet the security needs of Boston Consulting Group to run in its data centers, and later scaled for general enterprise use. Articul8 aims to keep customer data, training and inference “within the enterprise security perimeter,” Intel notes, adding that customers can choose between cloud, on-premise or hybrid deployment. Continue reading Intel, DigitalBridge Launch GenAI Software Firm for Enterprise
By
Paula ParisiSeptember 5, 2023
AI21 Labs, a pioneer in large language model artificial intelligence, has closed a $155 million Series-C funding that brings the Tel Aviv-based firm’s total raise to $283 million for a valuation of $1.4 billion. Investors include Google, Nvidia, Samsung Next, Walden Catalyst, Pitango, SCB 10X, b2venture, and AI21 co-founder Amnon Shashua. The company is best known for its flagship AI21 Studio product, a developer platform that lets customers pay as they go to build custom text-based business apps using AI21’s proprietary models, notably Jurassic-2. The firm’s portfolio also includes the multilingual reading and writing assistant Wordtune. Continue reading Major Tech Firms Help Boost Valuation of AI21 to $1.4 Billion
By
Paula ParisiJanuary 28, 2022
California-based Intel, the world’s largest semiconductor manufacturer, reports Q4 2021 set a record and capped the company’s best year ever despite the dire worldwide shortage of processing chips. Q4 revenue was up 3 percent, to $20.5 billion, while the year totaled $79 billion, a 1 percent gain. However, Q4 net income declined 21 percent year-over-year, to $4.6 billion, and fell 5 percent (to $19.9 billion) for the 12-month period. Intel CEO Pat Gelsinger called it “a great finish to a great year,” besting top-line quarterly guidance by over $1 billion to deliver “the best quarterly and full-year revenue in the company’s history.” Continue reading Intel Has Record Quarter and Year Despite Supply Shortages
By
Paula ParisiJanuary 5, 2022
Intel laid claim to the ‘world’s best mobile gaming platform’ with its 12th generation Alder Lake H-series GPUs at CES 2022, then shifted to overdrive to focus on autonomous driving, introducing its Mobileye EyeQ Ultra, AV-on-chip supercomputer offered as a full-stack AV driving solution. Intel in December announced plans to spin off Mobileye in an IPO sometime this year and used its CES press conference stage to demonstrate it is prepared to deliver, announcing a partnership with Zeekr to create all-electric AVs for the Chinese market, due to roll off the assembly line in 2024. Continue reading CES: Intel on AV Overdrive, Touts Fastest Mobile Game Chip
By
Debra KaufmanSeptember 9, 2021
Intel chief executive Pat Gelsinger announced plans to build two semiconductor factories in Europe valued up to $95 billion, as part of an effort to ease the current worldwide chip shortage. Gelsinger added that Intel could expand the investment over a decade to the equivalent of “as much as €80 billion.” At an auto event in Munich, Gelsinger said, “this new era of sustained demand for semiconductors needs bold, big thinking.” Meanwhile, Taiwan Semiconductor Manufacturing Co. also plans to spend $100 billion in the next three years to increase chip production and Samsung is making similar moves. Continue reading Intel Announces Plans to Build Two Chip Factories in Europe
By
Debra KaufmanJanuary 20, 2021
During the all-digital CES 2021, lidar (light detection and ranging) technology was presented as a key tool for building autonomous vehicles, smart homes and infrastructure for smart cities. Lidar, which senses what an object is based on its shape, first appeared in the 1970s but, up until now, has been too expensive and complicated for broad industrial use. Seoul Robotics, Intel’s Mobileye and Blickfeld were among the companies at CES showcasing real-world lidar applications. Lidar is predicted to triple to an almost $3 billion market by 2025. Continue reading CES: Seoul Robotics, Mobileye Enable Lidar for Smart Cities
By
Phil LelyveldJanuary 14, 2021
Thomas Friedman, three-time Pulitzer Prize winning author and columnist for The New York Times discussed his latest thesis that the world has moved from the Industrial Revolution to a world that is “Fast, Fused and Deep.” During CES 2021, Friedman spoke with Professor Amnon Shashua, president and CEO of Mobileye, the Israeli subsidiary of Intel that develops autonomous and assisted driving AI solutions. Friedman framed the discussion by describing the Industrial Revolution as establishing “Walls” to govern the transfer of trade and human beings, a “Floor” as a social safety net to cushion people, and a “Ceiling” on the pace of change. Continue reading CES: Pulitzer Winner Details Megashifts Impacting Our World
By
Erick MoenJanuary 13, 2020
Since 2016, each edition of CES has touted the imminent arrival of “Fully Self-Driving” (SAE Level 5) autonomous vehicles. While some companies working on “mostly self-driving” offered rides around town (like Russian-based Yandex), this year’s show came with a dose of realism as companies focus on clearing the hurdles associated with lower levels of autonomy. Demonstrating these efforts, companies showcased sensor fusion, mapping technologies and new intelligent systems. Meanwhile, some companies are using this calm before the storm to focus on the user experience. Sony even built a car to jumpstart the conversation. Continue reading Latest Progress of Autonomous Driving Showcased at CES
By
Debra KaufmanDecember 18, 2019
Intel acquired Israel-based AI chip manufacturer Habana Labs for about $2 billion, to strengthen its offerings for data centers requiring such chips. The tech giant already stated that it expects to complete more than $3.5 billion in sales related to artificial intelligence, an increase of 20 percent from last year. The Habana purchase is just one of several that Intel has made in recent years in its efforts to grow new markets. Intel expects the AI chip market to grow to $25 billion by 2024, half from selling chips for data centers. Continue reading Intel Doubles Down on AI with $2 Billion Habana Acquisition
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Debra KaufmanJanuary 18, 2018
At CES 2018, Intel chief executive Brian Krzanich gave a keynote address that ranged on topics from cybersecurity to immersive media and both neuromorphic and quantum computing. He also introduced Intel Studios, a site for the production of immersive media. First, Krzanich brought up the formerly undetected flaws in Intel chips, dubbed Spectre and Meltdown, saying that it was Intel’s No. 1 priority to secure customer data and noting that the industry has joined forces to plug the loopholes. Continue reading CES Keynote: Intel Introduces New Studio for Immersive Media
By
Rob ScottNovember 30, 2017
During this week’s LA Auto Show, Intel and Warner Bros. announced a partnership to develop in-cabin, immersive experiences for autonomous vehicles. The companies are creating the AV Entertainment Experience, which Intel chief Brian Krzanich describes as “a first-of-its-kind proof-of-concept car to demonstrate what entertainment in the vehicle could look like in the future.” Since Americans spend an average of 300 hours per year driving, there is a wealth of possibilities for using that time differently when automobiles become self-driving. The collaboration is looking beyond movies and TV programming to more immersive experiences. Continue reading Intel, Warner Bros. Unveil AV Entertainment Experience Plans
By
Debra KaufmanOctober 11, 2017
Alphabet’s Waymo, once a Google unit, has begun a campaign assisted by Intel to educate the public, even as it prepares to debut its first commercial ride-hailing service with Chrysler Pacifica minivans. Dubbed “Let’s Talk Self-Driving,” the campaign includes safety and disability advocacy groups, promotes its self-driving car pilot program in Arizona and seeks to educate the public about the technology behind autonomous vehicles. Intel will run an ad with LeBron James about self-driving cars. Continue reading Waymo, Intel Launch Public Push to Promote Driverless Cars
By
Debra KaufmanAugust 10, 2017
Intel has purchased Mobileye for $15.3 billion, a strong statement that it is pursuing the autonomous vehicle market sector. The Israeli-based Mobileye, which supplies its technologies to most major car manufacturers, makes cameras, sensors and software that alert vehicles to obstacles in their paths and has become a leader in digital mapping and sensors. Mobileye co-founder Amnon Shashua will head Intel’s self-driving car initiative as an Intel senior vice president, and his company will continue to be based in Israel. Continue reading Intel Buys Mobileye, Marking Commitment to Driverless Cars
By
Debra KaufmanMarch 21, 2017
Moore’s Law, which states that the number of transistors in a chip doubles approximately every two years, is sputtering to an end. As a result, an increasing number of companies are relying on specialized computing, which transforms software tasks into silicon chips rather than relying on CPUs. This key technology is behind two recent developments: Intel’s acquisition of Israeli startup Mobileye, which produces chips and software for autonomous vehicles, and Nvidia’s latest iteration of a system to speed up machine learning. Continue reading The Rise of Specialized Computing and New Era of Chip Design
By
Rob ScottMarch 14, 2017
Intel is paying $15.3 billion for Mobileye, an Israeli tech supplier that makes sensors and cameras for driverless vehicles. “You can think of the car as a server on wheels,” said Intel chief Brian Krzanich. “The average autonomous car will throw out four terabytes of data a day, so this is one of the most important markets and one of the fastest-growing markets.” The market sector is currently dominated by companies such as Google and Uber that have developed test vehicles, initiated trials in various cities, and signed partnerships with major automakers such as Chrysler and Volvo. Consulting firm Bain & Company forecasts the autonomous vehicle sector will be worth $25 billion annually by 2025. Continue reading Intel Acquires Mobileye in Effort to Develop ‘Server on Wheels’