Friday, January 27, 2023

Intel 'stumbled,' CEO says; shares drop 9.5% as loss forecast

Intel Corp said on Thursday it expects to lose money in the current quarter, surprising investors with a bleaker-than-expected outlook for both the PC market and slowing growth in its key data center division.

from Tech-Economic Times https://ift.tt/WZNnk7C
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OpenAI Foundation outlines $1 billion push, expands leadership team

OpenAI has committed at least $1 billion over the next year as part of recapitalisation efforts for its Foundation. The investment is aimed ...