CEO of a silicon company saying his business is "too late for AI" is a CEO either without a vision or guts, an accountant, the safe option. If it's anywhere close to true, Intel is looking to sell itself for parts.

There's a whole backstory to this.

When he joined only a few months ago, he set the vision of making Intel a worthy participant in the AI space.

Then just a few months later, he announced "we cannot compete".

What happened in the middle? Recent articles came out about the conflict between him and Frank Yeary, the head of the Intel board. He wanted to acquire a hot AI startup, and Frank opposed it. Two factions were formed in the Board, and they lost a lot of time battling it out. While this was going on, a FAANG came in and bought the startup.

I think his announcement that Intel cannot compete was his way of saying "I cannot do it with the current Intel board."

The real quote is:

>"On training, I think it is too late for us,"

Not too late for AI, but too late for training meanwhile there's inference opportunity or something like that

Agreed, either their business situation is far more critical than we know, this is a gross indictment of their R&D, or this is malpractice on the part of the leadership

Too late for the AI boom if they have to spend another 2 years and manufacturing investments to get a product out for the segment. We are over-inflated on AI hype. Its relevance will remain but betting a company on it isn't a wise idea.

> of a silicon company

With their own fabs, at that

Or, a sly way of calling the AI bubble.

Well, but if it's true and there's a better strategy, why wouldn't he do it?

Seems like you'd prefer yet another +1 selling AI oil and promises ...