Tuesday, May 30, 2023

Intel CEO Pat Gelsinger says the company had "serious issues" in leadership, people, and methodology, discusses the rough turnaround, competitors, and more (Asa Fitch/Wall Street Journal)

Asa Fitch / Wall Street Journal:
Intel CEO Pat Gelsinger says the company had “serious issues” in leadership, people, and methodology, discusses the rough turnaround, competitors, and more  —  Rivals such as Nvidia have left the chip company far behind.  CEO Pat Gelsinger aims to reverse firm's fortunes by vastly expanding its factories.



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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...