Intel splits itself in two to aid CEO Pat Gelsinger’s turnaround plans—and links up with archrival Arm - Fortune
Intel splits itself in two to aid CEO Pat Gelsinger’s turnaround plans—and links up with archrival Arm - Fortune

Intel is dividing into two parts to help CEO Pat Gelsinger’s efforts to turn the company around. Additionally, the company is partnering with its rival, Arm

Intel CEO Rene Haas spoke at an Intel event, acknowledging that the company’s architecture is being challenged by Arm’s more efficient architecture in various sectors. Intel has been trying to pivot towards a foundry model to make chips for others and has recently split itself into two separate legal entities – Intel Foundry and Intel Product. The reorganization aims to position Intel as a major player in the chip-making industry and compete with TSMC by 2030. Intel has also announced a partnership with Arm, offering support to startups developing Arm-based system-on-chip processors.

In other news, India has ordered Google to withhold certain accounts and posts in the country, while Google has signed a deal with Reddit for using its content as training data for AI models. The Biden administration has announced plans to invest $20 billion in upgrading U.S. port infrastructure to protect them from Chinese hackers. Meanwhile, Nvidia has reported strong earnings, but faces challenges in China due to U.S. export controls.

In the tech world, Apple has unveiled Sports, a feature that will provide real-time scores on iPhone lock screens, and Marc Lore’s startup Wonder is opening food halls inside Walmart stores. Additionally, AI-generated images continue to advance with the launch of Stable Diffusion 3 by Stability AI.

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