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Windows Central
Windows Central
Technology
Kevin Okemwa

Intel's short-sightedness to OpenAI's potential and the sprouting AI trend had sold its wildest dreams to NVIDIA

Intel Corporation Nvidia OpenAI Best Buy Lenovo Dell CDKeys HP Microsoft Patrick Gelsinger
Intel Meteor Lake from Intel Technology Tour 2023 in Malaysia.

What you need to know

  • OpenAI reportedly offered Intel a 15% stake for $1 billion, but the chip brand turned down the offer.
  • Intel didn't think AI models would penetrate the market and didn't want to develop chips for OpenAI at cost.
  • Intel is now worth below $100 billion and has recently experienced massive layoffs to save on costs.
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