Lip-Bu Tan says Intel will spin off non-core units

Intel’s new CEO Lip-Bu Tan wasted no time laying out his plans for the semiconductor giant. Speaking at the Intel Vision conference this week, Tan told attendees that the company will spin off assets that aren’t core to its mission, Bloomberg reported. Tan didn’t specify what was classified as core and non-core to the company’s […]

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ChatGPT isn’t the only chatbot that’s gaining users

OpenAI’s ChatGPT may be the world’s most popular chatbot app. But rival services are gaining, according to data from analytics firms Similarweb and Sensor Tower. SimilarWeb, which estimates traffic to websites including chatbot web apps, has recorded healthy recent upticks in usage across bots like Google’s Gemini and Microsoft’s OpenAI-powered Copilot. Gemini’s web traffic grew […]

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Construct Capital raises $300M fund for defense and manufacturing tech

Construct Capital, an early-stage venture capital firm that invests in startups applying technology to sectors like manufacturing, transportation, and defense, has closed its third fund with $300 million in capital commitments. The Washington, D.C.-based firm previously raised a $225 million second fund and a $75 million capital pool for later-stage companies in 2022. While many […]

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