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24/7
Headlines
11:31
“As a UAV startup it’s difficult to get funds”
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Ilya Sutskever pushes back against Musk in OpenAI lawsuit
10:18
Full list of Israeli startup M&As in 2025
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HubSpot acquires 10-month-old Israeli AI startup XFunnel in first local deal
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Figma acquires one-year-old Israeli AI startup Weavy for over $200 million
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Oren Zeev turns early Navan bet into $1 billion payday
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Inside the Shin Bet’s secret startup factory
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How AI is rewriting the rules of salary negotiation
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Intel
20 stories about Intel
Intel faces Dow Jones ouster: Is Nvidia set to take its place?
03.09.24
|
Reuters
With Intel's shares down more than 70% from a record high in August 2000, the Dow may turn to Nvidia as the new tech heavyweight.
Intel's CEO to unveil aggressive cost-saving measures at pivotal board meeting
02.09.24
|
Reuters
Gelsinger’s strategy could include selling Altera and freezing factory expansions.
Intel ends car leasing program in latest cost-cut
01.09.24
|
Meir Orbach
The chip giant’s Israel management is aiming to save around $3.3 million by axing leasing as part of a broader layoff prevention strategy.
Intel CEO Pat Gelsinger: "We see the finish line in sight"
30.08.24
|
CTech
"We respect some of the skepticism we've received from the market, but we believe we're up for the challenge," he added, despite the company's stock falling 59% this year and the significant cutbacks announced earlier this month.
Intel shutting down startup accelerator Ignite amid massive cuts
29.08.24
|
Meir Orbach
Ignite is set to officially close in November, with the ninth and final cohort getting underway this past May.
Intel's layoff plan enters new phase after voluntary retirement program closes
28.08.24
|
Meir Orbach
With initial retirements complete, Intel focuses on additional layoffs and operational scaling.
Intel’s AI struggles and bureaucratic culture led to key board member’s abrupt exit
27.08.24
|
Reuters
Lip-Bu Tan’s departure highlights internal conflicts and strategic misalignments at the faltering chip maker.
Lawsuit alleges Intel fired Jewish VP for complaining about anti-Israel bias
14.08.24
|
Reuters
Former IDF soldier sues after alleging retaliation for reporting supervisor's anti-semitic posts.
How Intel passed on OpenAI: The billion-dollar what-if
07.08.24
|
Reuters
In 2017 and 2018, Intel executives discussed buying a 15% stake in OpenAI for $1 billion, with the option of an additional stake if they provided hardware at cost. However, Intel ultimately declined the deal, as then-CEO Bob Swan doubted generative AI would reach the market soon enough to justify the investment.
Up to 19 months of pay: What Intel is offering employees for early retirement
07.08.24
|
CTech
Employees with five years of service will receive four months' salary, those with over 10 years will be entitled to 10 months' salary, and employees with more than 30 years of service will receive 19 months' salary upon retirement.
Intel laying off more than 15% of workforce, cutting costs by $10 billion
02.08.24
|
Omer Kabir
The chip giant said it will part ways with around 15,000 employees globally by the end of the year after registering a loss of $1.6 billion in the second quarter of 2024.
Intel’s mass layoffs: A desperate move that might not be enough
01.08.24
|
Omer Kabir
Cutting thousands of jobs may offer temporary relief, but Intel’s long-term outlook remains shaky.
Startup Nation prepares for Intel layoffs - and Israel's Most Promising Startup just got more money
01.08.24
|
CTech
Also on our AI-native show: Pagaya acquiring asset firm Theorem in deal valued at tens of millions of dollars
Intel to layoff thousands of employees in latest round of cutbacks
31.07.24
|
Omer Kabir
According to a Bloomberg report, the chip company could present the plan as early as this week.
“Intel is the only Western company that manufactures silicon chips with the most advanced technology and this is an opportunity”
27.06.24
|
Shaked Green
Karin Eibschitz Segal, VP at Intel, added that “Intel's uniqueness in AI is that it is one of the only companies in the world that has a full portfolio—meaning the ability to develop end-to-end solutions."
Mobileye’s Moovit cutting 10% of staff
19.06.24
|
CTech
Around 20 employees are being let go by the company, which was acquired for $1 billion four years ago
Israel's "groundbreaking" cancer treatment and a new $35 million Seed round?
14.06.24
|
Elihay Vidal
Our AI-generated hosts talk through some of tech's biggest stories this week
"Intel can no longer afford to build a production line without knowing in advance who its customers will be"
13.06.24
|
Sophie Shulman
The freeze on construction at the Kiryat Gat Intel plant is a severe blow to Israel, potentially creating ripples throughout the industry. This situation arises from internal troubles within the faltering company, which is hesitant to open a new plant without having customers, especially since subsidies abroad are much higher.
Intel halts construction of new $25 billion factory in Israel
10.06.24
|
Sophie Shulman
Intel's suppliers received notice of the cancellation of contracts for the supply of equipment and materials required for the establishment of the company's new factory over recent days. The Ministry of Finance was aware of the company's decision to halt the establishment of the plant.
Intel pins AI comeback hopes on Israel-developed Lunar Lake chip
04.06.24
|
Omer Kabir
"Lunar Lake is more efficient in artificial intelligence performance compared to what most of the competitors have today," Arik Gihon, the architect of Lunar Lake at Intel, told Calcalist. "It's able to perform more operations per second than any other processor (for laptops) today, including the Qualcomm processor. And it's completely Israeli."
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