Techmeme
December 2, 2024, 6:55 PM

Top News

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.
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Bloomberg:
Sources: Intel CEO Pat Gelsinger was given the option to retire or be removed after the board lost confidence in his plans to turn around Intel  —  - Gelsinger was given the option to retire or be removed  — Company's CFO and product CEO will serve as interim leaders
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) …
Kyle Wiggers / TechCrunch:
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 …
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
Devin Coldewey / TechCrunch:
ChatGPT refuses to say some names, possibly due to digital privacy requests or a post-prompt handling fault; OpenAI may have fixed the viral “David Mayer” issue  —  Users of the conversational AI platform ChatGPT discovered an interesting phenomenon over the weekend …
Bloomberg:
Super Micro says an external review found no evidence of wrongdoing, and plans to hire a new CFO, chief compliance officer, and general counsel; SMCI jumps 28%+  —  - Co seeks new CFO, chief compliance officer and general counsel  — Firm's auditor had resigned, citing transparency concerns
Daniel Kuhn / The Block:
RTFKT, the digital wearables NFT startup Nike acquired in 2021, is shutting down by the end of January 2025; DefiLlama: RTFKT brought in ~$50M in total earnings  —  - RTFKT, the digital wearables NFT startup acquired by Nike in 2021, is shutting down, according to an announcement on Monday.
Kyle Wiggers / TechCrunch:
World Labs, founded by Fei-Fei Li, gives an “early preview” of its first project, an AI system that generates game-like, 3D scenes from a single image  —  World Labs, the startup founded by AI pioneer Fei-Fei Li, has unveiled its first project: an AI system that can generate video game-like, 3D scenes from a single image.
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 …
Ben Thompson / Stratechery:
How generative AI may bridge current computing paradigms to future innovations, especially in wearables, which will benefit from context-aware user interfaces  —  In the beginning was the mainframe.  —  In 1945 the U.S. government built ENIAC, an acronym for Electronic Numerical Integrator and Computer …
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

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Techmeme Ride Home:
Mon. 12/02 - Gelsinger Out At Intel!
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