Intel Corporation (INTC) to Sell Folsom Campus as Part of Cost-Cutting Amid Struggles to Regain Chip Leadership

By Yahoo! Finance   |   1 year ago
Intel Corporation (INTC) to Sell Folsom Campus as Part of Cost-Cutting Amid Struggles to Regain Chip Leadership

MatX, a chip-design startup, raised $80 million in funding to develop AI-specific chips. Co-founded by ex-Google TPU members, they aim to outperform NVIDIA GPUs in training large language models.

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