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Soon after Intel spent $400 million to buy Nervana, a startup building artificial intelligence hardware and software, Nervana CEO Naveen Rao had a run-in with his new colleagues. Executives of Intel’s data center group balked at the idea of selling Nervana’s specialized AI chip for servers, Mr. Rao said in an interview. Instead, the group thought Intel should continue selling its ...
On the day Intel completed its $175 million purchase of smart-spectacle maker Recon Instruments in June 2015, Intel CEO Brian Krzanich flew to Recon’s Vancouver headquarters to welcome the 60-person company. For the next year, he showed close interest in the business, meeting frequently with Recon chief Dan Eisenhardt, even though Mr. Eisenhardt was several rungs down the corporate ...
Intel’s long-failing foray into wearables and augmented reality is officially dead.
The chip giant’s new devices group will shut down, according to people familiar with the situation. The division, formed in 2013, made fitness trackers and smart glasses. Despite an investment of several hundred million dollars by Intel, including through acquisitions of other companies, the group ...
Qualcomm’s China Tech Day conference in January in Beijing represented a who’s who of China’s mobile industry. Top executives from the country’s biggest handset makers showed up. But one Chinese smartphone giant, Huawei, was notably absent.
Huawei, the world’s third-largest smartphone maker behind Apple and Samsung, used to be a major Qualcomm customer. But over ...
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