Red Hat AI 3.5 tackles the GPU queue that can stall AI pilots29m ago CNN Just Ran One of the Worst AI Puff Pieces We’ve Ever Seen in Our Lives About That “AI Actor” Tilly Northwood42m ago How Credit Genie keeps codebase docs fresh with OpenWiki43m ago Closing The Gap Between AI Ambition And Data Reality45m ago Universal Music is launching an AI music platform with ElevenLabs51m ago Top Pentagon Official Rejects Anthropic Researcher’s AI Warning2h ago Arlequin AI raises €28M to build novel AI models that learn complex relationships at scale55m ago SpaceX sues to block release of tax-break records for its Texas Terafab project55m ago Salesforce closes Fin and eyes $2bn Listen Labs, Business Insider reports56m ago Google brings Gemini for desktop app to Windows56m ago AI’s Hidden Apprenticeship Tax (And How Firms Can Avoid It)1h ago Abacus.AI Releases Three Open-Weight Smaug Models for Agentic Workloads1h ago Clay raises $115m at a $7.1bn valuation, more than double its 2025 price1h ago Before AI Agents Take Action, Enterprises Need A New Data Rule Book1h ago

Red Hat AI 3.5 tackles the GPU queue that can stall AI pilots29m ago CNN Just Ran One of the Worst AI Puff Pieces We’ve Ever Seen in Our Lives About That “AI Actor” Tilly Northwood42m ago How Credit Genie keeps codebase docs fresh with OpenWiki43m ago Closing The Gap Between AI Ambition And Data Reality45m ago Universal Music is launching an AI music platform with ElevenLabs51m ago Top Pentagon Official Rejects Anthropic Researcher’s AI Warning2h ago Arlequin AI raises €28M to build novel AI models that learn complex relationships at scale55m ago SpaceX sues to block release of tax-break records for its Texas Terafab project55m ago Salesforce closes Fin and eyes $2bn Listen Labs, Business Insider reports56m ago Google brings Gemini for desktop app to Windows56m ago AI’s Hidden Apprenticeship Tax (And How Firms Can Avoid It)1h ago Abacus.AI Releases Three Open-Weight Smaug Models for Agentic Workloads1h ago Clay raises $115m at a $7.1bn valuation, more than double its 2025 price1h ago Before AI Agents Take Action, Enterprises Need A New Data Rule Book1h ago

Chips & Compute4 min reading time

Intel raises up to $20bn to fund its foundry bet against TSMC

The Next WebPublished 30 days ago

Intel has launched a $15 billion stock offering, potentially rising to $20 billion, to fund its foundry business expansion aiming to compete with TSMC. The funds will support new manufacturing facilities and advanced packaging to meet surging AI chip demand and develop its 14A process by 2028, with Tesla confirmed as a customer and potential Apple partnership.

#apple #capital-raising #foundry-services #intel #semiconductor-manufacturing #tesla #tsmc

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