Apple buys Intel’s smartphone modem division for $1 billion
Apple took a major step toward supplying its own smartphone chips by purchasing the majority of Intel’s modem business in a deal valued at $1 billion, the companies said. Under the deal, about 2,200 Intel employees will join Apple, along with intellectual property, equipment and leases. Combined with its existing portfolio, Apple will have 17,000 […]
Intel opens design house costing Rs 1,100 crore in India
BENGALURU: Marking its 20th anniversary, Intel India on Thursday announced the inauguration of its latest state-of-the-art design house at its campus here, built with an investment of approximately Rs 1,100 crore. The newest facility located at Intel’s 44-acre campuson Sarjapur Ring Road, has 620,000 sq. ft. of space including 100,000 sq. ft. of world-class lab […]
NITI Aayog, Intel and TIFR collaborate to set up a Model International Center for Transformative AI
NEW DELHI: NITI Aayog, Intel, and Tata Institute of Fundamental Research (TIFR) announced on 7th September that they are collaborating to set up a Model International Center for Transformative Artificial Intelligence (ICTAI) towards developing and deploying AI-led application-based research projects. This initiative is part of NITI Aayog’s ‘National Strategy for Artificial Intelligence’ Discussion Paper that […]