[BIG TECH]■ STORY TIMELINE

INTEL SHARES SURGE ON AI CHIP DEMAND UNDER NEW LEADERSHIP

Intel's stock has quadrupled under new CEO Lip-Bu Tan as artificial intelligence demand lifts CPU sales. The chipmaker's planned partnership to manufacture Arm's AI data center chip collapsed in 2024.

6 SOURCESFIRST SEEN AUG 5, 10:05 AM► READ THE ARTICLE

Techmeme+0m

Europe's established tech groups SAP, Capgemini, Sopra Steria, and OVHcloud report stronger AI demand, as enterprises shift from experimentation to deployment (Leo Marchandon/Reuters)

Leo Marchandon / Reuters: Europe's established tech groups SAP, Capgemini, Sopra Steria, and OVHcloud report stronger AI…

Techmeme+2h 5m

Google says it will begin removing Google Assistant from Android and Wear OS devices on September 4, replaced by Gemini; Assistant remains on connected cars (Abner Li/9to5Google)

Abner Li / 9to5Google: Google says it will begin removing Google Assistant from Android and Wear OS devices on September…

Techmeme+14h 50m

Sapiom, which helps businesses build, ship, and scale AI agents and lower token costs, raised a $35M Series A led by Dragonfly, taking its total funding to $50M (Reed Albergotti/Semafor)

Reed Albergotti / Semafor: Sapiom, which helps businesses build, ship, and scale AI agents and lower token costs, raised…

Techmeme+19h 30m

Sources detail Intel's turnaround under Lip-Bu Tan as AI demand for CPUs boosts business; Intel's deal to make Arm's AI data center chip fell through in 2024 (Michael Acton/Financial Times)

Michael Acton / Financial Times: Sources detail Intel's turnaround under Lip-Bu Tan as AI demand for CPUs boosts busines…

Techmeme+23h 45m

SoftBank reports Q1 net profit down 18% YoY to ~$2.2B, above ~$761M est., an ~$8.2B gain on its Intel stake, and Vision Fund up $1.7B due to its ByteDance stake (Arjun Kharpal/CNBC)

Arjun Kharpal / CNBC: SoftBank reports Q1 net profit down 18% YoY to ~$2.2B, above ~$761M est., an ~$8.2B gain on its In…

Techmeme+1d 4h

Meta's Muse Spark 1.2 scores 54 on the Artificial Analysis Intelligence Index, putting Meta next to SpaceXAI in a tie for third place amongst US labs (Artificial Analysis)

Artificial Analysis: Meta's Muse Spark 1.2 scores 54 on the Artificial Analysis Intelligence Index, putting Meta next to…

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