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December 2, 2024, 11:05 AM
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| Kyle Wiggers / TechCrunch: |
Intel says CEO Pat Gelsinger retired and left its board on December 1, and names CFO David Zinsner and Client Computing Group GM Michelle Holthaus as co-CEOs — Intel has announced that CEO Pat Gelsinger has retired, effective December 1, and stepped down from the company's board of directors.
More: Intel, Intel Corporation, Bloomberg, CNBC, The Verge, Club386, Associated Press, PCMag, PCWorld, MacRumors, Washington Post, Engadget, HotHardware, The Register, The Information, Oregonian, Financial Express, Investor's Business Daily, Windows Central, Tom's Hardware, XDA Developers, CRN, Columbus Business Journal, Wall Street Journal, Financial Times, Business Insider, Reuters, Thurrott, Computerworld, ExtremeTech, Guru3D, PC Gamer, OC3D, Neowin, Forbes, Benzinga, CBS News, New York Times, ITPro, RCR Wireless News, Analytics India Magazine, ServeTheHome, Quartz, News18, Capacity Media, Patently Apple, NBC News, Wccftech, WinBuzzer, Digital Trends, Evertiq AB, Investopedia, Notebookcheck, Fox Business, Barron's Online, Electronics Weekly, and Yahoo Finance
Bluesky: @caro-milanesi, @jamesaltonsanders.com, @anildash.com, @quinnypig.com, and @bdsams.com. Threads: @carnage4life
X: @pgelsinger, @_fabknowledge_, @kevinsxu, @halvarflake, @kenli729, @underfox3, @iancutress, @caro_milanesi, @dylanonchips, @herbgreenberg, @squashbionic, @wenyee_lee, @aschilling, and @andrewcurran_
Forums: r/LinusTechTips and r/intelstock
| Kyle Wiggers / TechCrunch: |
AWS launches Data Transfer Terminal to let customers upload their data to AWS Cloud by plugging in their storage devices at a set of physical locations — At its re:Invent 2024 conference in Las Vegas, Amazon on Sunday announced a somewhat unusual new service for Amazon Web Services (AWS) … | Belle Lin / Wall Street Journal: |
AWS CEO Matt Garman kicks off his first re:Invent event by discussing upcoming “real, needle-moving” announcements, no end for the AI race, Anthropic, and more — As the cloud-computing leader kicks off its re:Invent conference, Chief Executive Matt Garman says there is no end in sight to the artificial intelligence race
More: CRN and SiliconANGLE
| Wall Street Journal: |
The US adds new HBM chip transfer restrictions for China, the fourth attempt in three years to curb China, and adds 140 Chinese companies to its trade blacklist — Export of memory chips used in AI applications is restricted, but delayed announcement gives Chinese companies chance to stock up
More: The Information, Capital Brief, Tom's Hardware, Financial Times, PCMag, Business Insider, TechRadar, Benzinga, TechPowerUp, Reuters, Yahoo Finance, Bloomberg, Washington Post, Semafor, TrendForce News, New York Times, Wired, and Tech in Asia
X: @lithos_graphein, @fbermingham, and @geoffreygertz
| Financial Times: |
OpenAI CFO Sarah Friar says OpenAI is weighing an ads model, but plans to be “thoughtful”; sources and LinkedIn analysis: OpenAI hired Meta and Google ad talent — ChatGPT maker hires advertising talent from big tech rivals — OpenAI is discussing plans to introduce advertising …
More: PYMNTS.com, Ghacks, MediaPost, Neowin, Cybernews.com, Proactive, and WinBuzzer
Bluesky: @estherschindler, @lukaszolejnik, and @rustybrick.com
X: @mrdylancollins and @eric_seufert
| Jowi Morales / Tom's Hardware: |
OpenWrt releases the $89+ OpenWrt One router, a “hacker-friendly device” with open-source firmware, two Ethernet ports, three USB ports, and dual-band Wi-Fi 6 — This ‘Unbrickable’ router should never fail you. … The group worked together to draft the specifications for this router …
More: The Register, Software Freedom Conservancy, How-To Geek, The Verge, OpenWrt Wiki, OpenWrt Wiki, It's FOSS News, PCMag, and Liliputing
Forums: Hacker News, r/openwrt, and r/technology
| Laura Dobberstein / The Register: |
The UN's ITU and the International Cable Protection Committee announce a 40-member global advisory body to support the resilience of submarine telecom cables — On the same day that a submarine cable suspected of having been cut by a Chinese ship was repaired, two major telco bodies convened …
More: The Record, ITU, TechRadar, and Total Telecom
| Sidhartha Shukla / Bloomberg: |
CoinGecko: Ripple-linked XRP's market cap passes $137B to become the third-largest cryptocurrency, up from less than $30B on November 5 when Donald Trump won — - The cryptocurrency gained as much as 15% Monday to hit $2.50 — Since the US election it has added over $100 billion in value
More: Tech in Asia
| Bloomberg: |
Toronto-based AI chip designer Tenstorrent raised a $700M Series D from Jeff Bezos, Samsung, and more at a ~$2.6B valuation and claims nearly $150M in contracts — - Jim Keller's Tenstorrent designs chips and systems for AI jobs — Samsung and LG also among investors in Series D round
More: PYMNTS.com, Tom's Hardware, Tenstorrent, Proactive, Quartz, and Wall Street Pit
| Mark Bergen / Bloomberg: |
Amsterdam-based Nebius, which rebranded itself from Russian internet giant Yandex and offers cloud services for AI, raised $700M from Nvidia, Accel, and others — Nebius Group NV, the technology company rebranded from Russian internet giant Yandex, has raised $700 million from a slate … | Ingrid Lunden / TechCrunch: |
New York-based Upwind, which sells tools to secure cloud infrastructure, raised a $100M Series A led by Craft Ventures at a $900M post-money valuation — In November, TechCrunch broke the news on how cybersecurity startup Upwind was getting a lot of inbound interest to raise money on a big valuation.
More: Globes Online, CTech, Reuters, and ACCESSWIRE
| Bloomberg: |
Super Micro says an external review by a special committee of its board and external counsel found no evidence of wrongdoing, and plans to appoint a new CFO — The company is looking for a new chief financial officer, chief compliance officer, and general counsel, it said in a statement Monday.
More: Wall Street Journal, Reuters, Proactive, Benzinga, CNBC, Wccftech, and Super Micro Computer, Inc.
| Wall Street Journal: |
Sources: some tech executives, including Sam Altman, worry that Elon Musk's new proximity to Donald Trump could supersize rivalries in ways that favor Musk — OpenAI's Sam Altman ranks high on the billionaire's list of enemies; car companies and tech giants scramble for allies in the incoming Trump administration
More: Cybernews.com, Nairametrics, Washington Examiner, Bloomberg, and TechCrunch
Bluesky: @definite and @jasoncross.org
X: @wsjbusiness and @brij
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