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How spurning OpenAI set chip big Intel behind within the AI market

How spurning OpenAI set chip big Intel behind within the AI market



For U.S. chip big Intel — the darling of the pc age earlier than it fell on tougher instances within the synthetic intelligence period — issues might need been fairly completely different.

About seven years in the past, the corporate had the possibility to purchase a stake in OpenAI, then a fledgling nonprofit analysis group working in a little-known discipline referred to as generative synthetic intelligence, 4 folks with direct data of these discussions have stated.

Over a number of months in 2017 and 2018, executives on the two firms mentioned numerous choices, together with Intel shopping for a 15% stake for $1 billion in money, three of the folks stated. They additionally mentioned Intel taking a further 15% stake in OpenAI if it made {hardware} for the startup at value value, two folks stated.

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Written by EGN NEWS DESK

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