The company will use the money to expand its Colorado and Oregon plants

The two new hires will take up the roles of VP of products and chief architect

Articul8 platform based on previous proof of concept project with Boston Consulting Group

The investment is part of a wider $100m state funding package from the Arizona Commerce Authority

Brings the total layoffs by Intel in the state to more than 1,700 this year

After its most recent funding round, the company is worth $1.2 billion

The company will offer its expertise in advanced networking technologies

The new offerings from Intel have been designed specifically to support AI workloads

The QPU contains both 9 and 5-qubit chips and is based on the company’s Ankaa-class architecture

Ganesh Venkataramanan worked at Tesla for five years and was responsible for designing the supercomputer’s custom D1 chips

The €300 million site will be twice the size of ASM's current operational base in Phoenix

The new offerings include the first data center APU for HPC and AI workloads

Adds $5bn to its valuation

The physics-based computers will make scaling generative AI more efficient

New hardware debuted at company's Quantum Summit 2023