Intel formally launched its new Core Ultra CPUs and related products this week at its AI Everywhere event. The company shared new solutions ranging from the data center to the cloud edge and PC. Intel’s new mobile processors are part of its Meteor Lake lineup, all of which will now bear the Ultra imprimatur instead of the “I,” promising greater power efficiency and performance. At the New York City event, Intel CEO Pat Gelsinger said “AI innovation is poised to raise the digital economy’s impact up to as much as one-third of global gross domestic product.” Continue reading Intel Unveils AI-Driven Chips to Compete with Nvidia and AMD

Apple posted fiscal Q4 earnings of $89.5 billion, down one percent year-over-year. CEO Tim Cook put the quarter’s best facts forward: “a September quarter revenue record for iPhone and an all-time revenue record in Services,” and quarterly earnings per diluted share of $1.46, up 13 percent. While net income of just below $23 billion exceeded Wall Street expectations, Q4 capped a fiscal year in which Apple revenue fell 2.8 percent, impacted by a decline in iPhone sales in China. Following the report, shares fell 3 percent in extended trading based on the prospect that the company may not rebound to growth in the important holiday sales season. Continue reading Despite China Market, iPhone Sales Still Reach $43.8 Billion

Qualcomm has debuted a new flagship platform, the Snapdragon X Elite series. Built for artificial intelligence and capable of running generative models with over 13 billion parameters, Qualcomm claims it offers “4.5 times faster AI processing power than competitors.” Described as “the most powerful computing processor it has ever created for the PC,” Qualcomm says the chipset is also one of the most efficient, “with up to multiple days of battery life.” Leading OEMs are expected to begin shipping models with the new processors in mid-2024. Continue reading Qualcomm Unveils Snapdragon X Elite Series, Created for AI