financetom
Business
financetom
/
Business
/
Intel CEO to oversee its AI efforts after executive departs for OpenAI
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Intel CEO to oversee its AI efforts after executive departs for OpenAI
Nov 10, 2025 3:22 PM

SAN FRANCISCO, Nov 10 (Reuters) - Intel ( INTC ) said on

Monday its CEO Lip-Bu Tan would oversee the chipmaker's

artificial intelligence efforts after the firm's chief

technology officer departed for ChatGPT maker OpenAI.

Sachin Katti, who has led Intel's ( INTC ) AI efforts since a management

reorganization at the chipmaker in January, said on social media

site X that he had joined OpenAI.

"We thank Sachin for his contributions and wish him all the

best. Lip-Bu will lead the AI and Advanced Technologies Groups,

working closely with the team," Intel ( INTC ) said in a statement.

"AI remains one of Intel's ( INTC ) highest strategic priorities, and we

are focused on executing our technology and product roadmap

across emerging AI workloads," the company added.

OpenAI President Greg Brockman said on X that Katti would be

"designing and building our compute infrastructure, which will

power our (artificial general intelligence) research and scale

its applications to benefit everyone."

OpenAI did not immediately respond to a request for comment.

(Reporting by Stephen Nellis, Jeffrey Dastin and Max Cherney in

San Francisco;)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Trimble's Fiscal Q4 Adjusted Earnings, Revenue Rise, Provides 2025 Guidance
Trimble's Fiscal Q4 Adjusted Earnings, Revenue Rise, Provides 2025 Guidance
Feb 19, 2025
07:24 AM EST, 02/19/2025 (MT Newswires) -- Trimble (TRMB) reported fiscal Q4 adjusted earnings Wednesday of $0.89 per diluted share, up from $0.63 a year earlier. Analysts polled by FactSet expected $0.88. Revenue for the quarter was $983.4 million compared with $932.4 million a year earlier. Analysts surveyed by FactSet expected $944.3 million. For Q1, the company expects non-GAAP earnings...
RioCan REIT Recorded Improved Earnings For Q4 and Lifted Monthly Distribution To Demonstrate Confidence In Its Core Business
RioCan REIT Recorded Improved Earnings For Q4 and Lifted Monthly Distribution To Demonstrate Confidence In Its Core Business
Feb 19, 2025
07:24 AM EST, 02/19/2025 (MT Newswires) -- RioCan REIT (REI-UN.TO) overnight Tuesday reported improved funds from operations for the fourth quarter and increased its distribution for the fourth consecutive year to demonstrate confidence in its core business. It reported Q4 FFO adjusted per unit diluted of $0.47 versus $0.44, and FFO per unit diluted of $0.45 versus $0.44, and also...
Factbox-All of Donald Trump's tariffs and threatened trade actions
Factbox-All of Donald Trump's tariffs and threatened trade actions
Feb 19, 2025
(Reuters) -Since returning to office last month, U.S. President Donald Trump has initiated numerous tariffs and made even more frequent threats to impose levies on imported goods. They range from broad ones - a universal tariff on foreign-imported goods - to ones aimed at specific sectors, regions, or countries in an effort to get others to meet his policy demands....
Bausch + Lomb Q4 Adjusted Earnings, Revenue Rise; 2025 Sales Guidance Set
Bausch + Lomb Q4 Adjusted Earnings, Revenue Rise; 2025 Sales Guidance Set
Feb 19, 2025
07:22 AM EST, 02/19/2025 (MT Newswires) -- Bausch + Lomb ( BLCO ) reported Q4 adjusted earnings Wednesday of $0.25 per share, up from $0.24 a year earlier. Analysts polled by FactSet expected $0.23. Revenue for the quarter ended Dec. 31 was $1.28 billion, compared with $1.17 billion a year earlier. Analysts surveyed by FactSet expected $1.26 billion. The company...
Copyright 2023-2026 - www.financetom.com All Rights Reserved