… It’s worth a read, but it actually undersells the most jaw-dropping part of the story: Intel’s stock has risen a stunning 490% over the past year, a bet by Wall Street that may be running well ahead of the company’s actual turnaround. …
… The company expects revenue to increase by about 10% in the third quarter, for which it will report results later today. …
… The company also brought on Rashed Haq as its vice president of autonomous vehicles. Haq spent five years at Cruise — the self-driving vehicle company acquired and later shuttered by GM — as its head of AI and robotics. …
… Those executives left amidst a restructuring that affected 10% of its workforce or around 135 employees , as TechCrunch first reported last month, while the company shifts resources toward its rapidly growing energy storage business. …
… Krutrim did not answer questions on its exact revenue mix, enterprise customer base, and recent restructuring. …
… The central question posed by Musk’s lawyers is whether the company’s commitment to safety had been left behind as its commercial power grew. …
… The end of the case means that one major threat to OpenAI — a possible restructuring — is now off the table ahead of its reported IPO. “It did not take the jury two hours to conclude … that Mr. …
… They note that the company’s investments and compute power allowed OpenAI to achieve its biggest triumphs. …