Intel

Intel chips loaded in Waymo

San Francisco - Emirates Voice

Intel on Monday announced its computing tech is being loaded into Waymo self-driving minivans as the chip giant seeks a leading position on the road to autonomous vehicles. Intel computing technology enabling "real-time decisions for full autonomy in city conditions" has been built into the latest self-driving Chrysler Pacifica minivans being tested by Waymo, a unit of Google-parent Alphabet, accordingRead more

Swiss smartwatches multiply as makers hunt millennial buyers

Geneva - Arab Today

Swiss watchmakers are diving further into the unproven smartwatch market, with Montblanc, TAG Heuer and Tissot seeking to attract younger shoppers with a technology the industry largely snubbed until consumers began turning away from traditional timepieces. TAG Heuer on Tuesday unveiled the new generation of a $1,650 smartwatch it makes with partners Google and Intel. Two days later, Montblanc followedRead more

Intel's $15b purchase of Mobileye shakes up driverless car sector

Detroit - Arab Today

Intel agreed to buy Israeli autonomous vehicle technology firm Mobileye for $15.3 billion on Monday in a deal that could thrust the US chipmaker into direct competition with rivals Nvidia and Qualcomm to develop driverless systems for global automakers. The pricey acquisition of Mobileye could propel the world's largest computer chipmaker into the front ranks of automotive suppliers at aRead more

5 of Israel's largest tech deals

Jerusalem - Arab Today

US giant Intel announced Monday it would buy Israeli car tech firm Mobileye for more than $15 billion (14 billion euros), the largest cross-border tech deal in the Jewish state's history. Mobileye makes advanced driver assistance for car manufacturers, and has already collaborated with Intel and BMW to develop self-driving cars. For Israel, it will be seen as a signRead more

Intel buying Israeli car tech firm Mobileye for $15 bn

Jerusalem - ArabToday

Intel will buy Israeli car tech firm Mobileye for more than $15 billion (14 billion euros), the companies said Monday, in a deal signalling the US computer chip giant's commitment to technology for self-driving vehicles. Israeli media reported that the deal worth approximately $15.3 billion was the largest ever cross-border acquisition for an Israeli tech firm. It comes with IntelRead more

Microsoft, Intel, Alphabet results buoyed by cloud boom

San Francisco - Arab Today

Alphabet, Microsoft and Intel, which all posted quarterly results on Thursday, reinforced what’s become a truism in technology: the biggest growth is in businesses that deliver computing over the Internet. Microsoft topped projections on the strength of rising customer sign-ups for its cloud offerings like Azure, which saw revenue almost double. Intel sales rose more than expected, helped by ordersRead more

Top EU lawyer backs Intel on record fine appeal

Luxembourg - AFP

A senior legal advisor to the European Union's highest court on Thursday backed an appeal by US chip giant Intel against one of the EU's biggest ever fines for breaking competition rules. The European Commission, the EU's executive arm, in 2009 slapped a record fine of 1.06 billion euros ($1.16 billion) on Intel after it said the company had offeredRead more

Intel buys artificial intelligence startup

San Francisco - AFP

US-based Intel announced a deal to buy an artificial intelligence startup as the computer chip colossus looks to broaden its role in data centers and the expanding internet of things. Intel did not disclose how much it is paying for Nervana Systems, but US media reports on Tuesday put the price at more than $350 million. "With this acquisition, IntelRead more

Intel gambit aims for position in post-PC world

Washington - AFP

The massive shakeup announced by Intel reflects the rapid changes in the tech sector and aims to position the Silicon Valley titan for a post-PC world. The chip-making giant on Tuesday said it was cutting up to 11 percent of its global workforce, or some 12,000 positions, to adapt to a slumping market for personal computers and rapid growth inRead more

Intel to cut 12,000 jobs from Global operations

Washington - QNA

US tech giant, Intel, is shedding 12,000 jobs as it seeks to cut reliance on the declining personal computer market. The maker of computer chips will take a $1.2 billion charge to cover restructuring costs. The job cuts, about 11% of Intel's workforce, will be made over the next 12 months, Intel said in a statement. Intel said itRead more