➀ Intel passed on investing in OpenAI in 2017, missing the opportunity to be part of generative AI's early stages. ➁ The potential investment was reportedly worth $1 billion for a 15% stake. ➂ Intel's CEO at the time, Bob Swan, did not see generative AI as a significant market opportunity.
Recent #AI Investment news in the semiconductor industry
1. Elon Musk conducted a poll on his X account asking if Tesla should invest $5 billion into xAI startup. 2. The poll received 958,086 votes with 67.9% in favor and 32.1% against the investment. 3. The results will influence Tesla's decision pending board approval and shareholder vote.