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technology @hexbear.net

coderade [any, comrade/them] @hexbear.net

2w ago

Comrade intel bought an Israeli chip company for $2B then completely ruined it

www.calcalistech.com How Intel ruined an Israeli startup it bought for $2B—and lost the AI race | CTech

Habana Labs was supposed to challenge Nvidia. Instead, Intel drove it into the ground.

I mean fuck US companies too, but love to see the settler colonies companies getting devastated

Hardware @lemmy.world

Rekall Incorporated @lemm.ee

2w ago

How Intel ruined an Israeli startup it bought for $2B—and lost the AI race | CTech

www.calcalistech.com /ctechnews/article/s1tra0sfye

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2 comments

Nvidia would be trading at a valuation of $3.5 trillion as the world’s largest company, while Intel would be worth only $80 billion
because stock market numbers are made up gambling based on the super important and valid feels of stock traders.
also maybe this Israeli company just sucked. Like a lot of Israeli companies.

If only it was on purpose and not just because they’re incompetent