For U.S. chip giant Intel, the darling of the computing age, before the AI era hit rock bottom, things could have been much different. About seven years ago, the company had an opportunity to buy a stake in OpenAI, a recently founded nonprofit research organization working in a little-known field called generative artificial intelligence, four people with direct knowledge of the discussions told Reuters. In the months of 2017 and 2018, executives from both companies discussed options, including Intel buying a 15 percent stake for $1 billion in cash, three of the people said. They also discussed Intel taking an additional 15 percent stake in OpenAI if it produced hardware for the startup at cost, two of the people said. Intel ultimately decided against the deal, in part because then-CEO Bob Swan didn’t think its generative AI models would be commercially viable in the near future and thus recoup the chipmaker’s investment. OpenAI is interested in investing in Intel because it would reduce its reliance on Nvidia chips and allow the startup to build its own infrastructure, two of the sources said. The deal also fell through because Intel’s data center unit didn’t want to produce products at cost, the sources added. An Intel spokesperson did not respond to a request for comment, and OpenAI declined to comment. Intel’s decision not to invest in OpenAI, which launched its groundbreaking ChatGPT in 2022 and is now reportedly valued at around $80 billion, has not been publicly disclosed. It’s a series of strategic misfortunes that have hampered a company that led the way in computer chips in the 1990s and 2000s in the AI era, according to Reuters interviews with nine people familiar with the matter, including former Intel executives and industry experts. https://github.com/rhysd/dot-github/issues/7 https://github.com/reprograma/github/issues/4 https://github.com/Semantic-Org/example-github/issues/7 https://github.com/jpardogo/GoogleProgressBar/issues/30 https://github.com/LeadCoding/3-weeks-Google-Prep/issues/5 https://github.com/darcyliu/google-styleguide/issues/15 https://pastelink.net/z4k0l6ay https://linksome.me/awdrsfcsce
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