Latest posts
An ex-Intel CEO’s mission to build a Christian AI: ‘hasten the coming of Christ’s return’
Patrick Gelsinger, executive chairman of Gloo, has made it his mission to advance Christian principles in Silicon Valley In March, three months after being forced out of his position as the CEO of Intel and sued by shareholders, Patrick Gelsinger took the reins at Gloo, a technology company made for what he calls the “faith…
Trump says Intel has agreed to give US government a 10% stake
Unprecedented deal comes after president demanded CEO Lip-Bu Tan to resign over his ties to Chinese firms The US government has taken an unprecedented 10% stake in Intel under a deal with the struggling chipmaker and is planning more such moves, according to Donald Trump and the commerce secretary, Howard Lutnick, the latest extraordinary intervention…
Intel shares jump after report says Trump administration looking at stake
Market value passes $104bn despite White House saying claims of talks to invest in factories are ‘speculation’ Shares in Intel have jumped 7.4% after it was reported that the Trump administration is considering taking a stake in the struggling US chipmaker. The potential investment, which would be paid for by the US government, would be…