Intel Teams Up With AI Chip Startup That Its New CEO Lip-Bu Tan Is Invested In
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Intel has partnered with an ai chip startup, with reports suggesting the startup is SambaNova, in which Intel's new CEO has an investment. The partnership comes after acquisition talks reportedly failed, and Intel is also leading an investment in the startup along with Vista Equity Partners. The move is part of Intel's strategy to strengthen its position in the ai chip market, which is seeing increased competition from various players, including startups and established companies like Nvidia and AMD.
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