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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Apple CEO Tim Cook Hails Generative AI as ‘Incredible Breakthrough’ at Shareholder Meeting

February 29, 2024 – Apple CEO Tim Cook expressed his enthusiasm for generative artificial intelligence (AI) during today’s shareholder meeting, stating that the company believes it holds “incredible potential for breakthroughs.” This sentiment underscores Apple’s significant investments in this rapidly evolving field. According to Cook, Apple is confident that AI-generated content (AIGC) will revolutionize user…

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