Intel Spins Off FPGA Business as New Independent Company ‘Altera’ to Bolster AI and Edge Capabilities

March 01, 2024 – In a significant move, Intel has announced the formation of a wholly-owned and independently operated FPGA company, “Altera,” following the establishment and independent accounting of Intel Foundry. Known for inventing the world’s first programmable logic device, particularly renowned for its FPGA technology, Altera was acquired by Intel in 2015 for $16.7…

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Jensen Huang Delivers on ‘Creating Billionaires’: Nvidia’s CFO and Sales Leader Join the Ranks, Now Six in Total

July 30, 2025 – According to Bloomberg, as Nvidia continues its remarkable growth trajectory, two more top executives have joined the billion-dollar wealth club, bringing the total number of billionaires within the company to six. The Bloomberg Billionaires Index reveals that Nvidia’s Chief Financial Officer, Colette Kress, and Jay Puri, who is in charge of…

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Microsoft Reportedly Seeking to Diversify AI Models for 365 Copilot, Lowering Costs and Dependence on OpenAI

December 24, 2024 – According to sources familiar with the matter, Microsoft is working to introduce internal and third-party artificial intelligence models into its flagship AI product, Microsoft 365 Copilot. This move is aimed at reducing the company’s current reliance on OpenAI technology and lowering operational costs. The initiative marks the latest step by Microsoft…

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Named ‘Alice Recoque,’ Europe’s Second Exascale Supercomputer Comes with a Price Tag of Over €544 Million

June 28, 2024 –In a significant step forward for European high-performance computing (HPC), the EuroHPC Joint Undertaking (JU) has recently inked a hosting agreement with the Grand Equipement National de Calcul Intensif (GENCI), France’s national HPC agency, for the deployment of the continent’s second E-class (exascale) supercomputer. This development comes as the inaugural E-class system,…

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