The spinoff will be headed by Israeli Nadav Orbach, with plans to expand AI-powered technologies to include new innovations in stereo vision, robotics, and biometrics AI software and hardware.| ctech
The move to separate Intel Capital signals efforts to streamline and refocus amid ongoing struggles. The new fund, slated to begin standalone operations in the second half of 2025, will operate under a different name. Intel will remain an anchor investor, and the current Intel Capital team will transition to the newly formed entity.| ctech
The British startup, backed by $15M in funding, aims to revolutionize low-cost AI inferencing with innovative chip technology.| ctech
Gary Marcus, one of world’s foremost AI experts, recognizes the positive potential inherent in technology, but warns that we must urgently develop regulations against the spread of disinformation| ctech
Delek US EVP, CTO & Chief Data Officer Ido Biger added: "There are opportunities here for any technological company that can make us better and we will be their gateway to the U.S.”| ctech
Ido Biger, Executive Vice President and Chief Information Officer at Delek USA, was speaking at the New York Mind the Tech conference.| ctech
Company scraps AI GPU plans and forecasts weaker-than-expected revenue.| ctech
Annual bonuses drop to 0.8 months’ salary as company's challenges mount.| ctech
The Falcon Shores processor, developed using technology from Israeli company Habana Labs, will be repurposed for internal tests as Intel struggles to keep pace in the AI race.| ctech
The cybersecurity veteran announced that its total revenues last year reached $2.33 billion, an 8% increase year-over-year| ctech
The startup has seen its valuation increase fivefold to $1 billion since its previous funding round less than two years ago| ctech
Regarding the state of high-tech in Israel, Gil Shwed said: “Israel must do its utmost to preserve high-tech, the state must do it for the entire economy”| ctech