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The Trump administration’s big Intel investment comes from already awarded grants

techcrunch.com Anthony Ha 2025-10-28 17:07:30

Intel officially announced an agreement with President Donald Trump’s administration on Friday afternoon, following Trump’s statement that the government would be taking a 10% stake in the struggling chipmaker. While Intel says the government is making an “$8.9 billion investment in Intel common stock,” the administration does not appear to be committing new funds. Instead, it’s simply making good on what Intel described as “grants previously awarded, but not yet paid, to Intel.” Specifically,

Topics: administration billion chips disrupt intel

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With Apple's Siri AI Overhaul Delayed, Google Might Help It Catch Up

cnet.com See Full Bio 2025-10-28 14:53:00

Apple is reportedly weighing up a potentially major change to its digital assistant: powering a revamped Siri with Google's Gemini artificial intelligence tool. According to Bloomberg, the companies are in early discussions about a partnership that could reshape Apple's AI strategy for the iPhone, iPad and Apple's other products. While no agreement is in place, the talks signal Apple's growing urgency to keep up in the generative AI race. Siri, once a pioneer, has lagged behind its voice assis

Topics: ai apple google intelligence siri

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The US government is taking an $8.9 billion stake in Intel

engadget.com Unknown 2025-10-29 00:26:45

President Donald Trump says the US government is taking a 10 percent stake in chip maker Intel. Trump shared the news during a press conference on Friday, though an official announcement is still forthcoming, Reuters reports. News of a plan to convert Intel's previously promised CHIPS Act funding into equity in the company was first reported earlier in August. A meeting between Intel CEO Lip-Bu Tan and Trump following the President's call for Tan to resign seems to be the source of the deal. "H

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U.S. Government Now ‘Controls’ 10% of Intel, Trump Says

gizmodo.com Matt Novak 2025-10-29 00:31:02

President Donald Trump announced Friday that the U.S. government would be taking a 10% stake in Intel, the struggling U.S.-based chip manufacturer. But the president’s choice of words will definitely raise more than a few eyebrows, especially since the Trump regime has previously said the federal government will have no corporate governance role at the tech company. “It is my Great Honor to report that the United States of America now fully owns and controls 10% of INTEL, a Great American Compa

Topics: 10 america intel lutnick trump

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U.S. government takes 10% stake in Intel, as Trump expands control over private sector

cnbc.com Kif Leswing 2025-10-29 04:12:48

Lip-Bu Tan, chief executive officer of Intel Corp., departs following a meeting at the White House in Washington, DC, US, on Monday, Aug. 11, 2025. Commerce Secretary Howard Lutnick said on Friday that the U.S. government has taken a 10% stake in embattle chipmaker Intel, the Trump administration's latest effort to exert control over corporate America. Intel shares rose about 6% during trading on Friday. They were flat in extended trading. Intel, the only American company capable of making ad

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Trump confirms US government’s 10% stake in Intel, stock climbs [Update: Intel statement]

9to5mac.com Marcus Mendes 2025-10-29 03:19:11

After hinting at it earlier this week, President Trump confirmed today during a World Cup press briefing, that the U.S. government will take a 10% stake in Intel, capping a pretty eventful two-week stretch. Here’s how that happened. A bit of context Two weeks ago, Trump called for Intel CEO Lip-Bu Tan’s resignation due to “highly CONFLICTED” ties with China: before joining Intel, Tan led Cadence Design, a firm that recently pleaded guilty to an investigation by the Justice Department over char

Topics: company deal intel tan trump

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U.S. government takes 10% stake in Intel

news.ycombinator.com Kif Leswing 2025-10-29 04:01:52

Lip-Bu Tan, chief executive officer of Intel Corp., departs following a meeting at the White House in Washington, DC, US, on Monday, Aug. 11, 2025. Commerce Secretary Howard Lutnick said on Friday that the U.S. government has taken a 10% stake in embattle chipmaker Intel, the Trump administration's latest effort to exert control over corporate America. Intel shares rose about 6% during trading on Friday. They were flat in extended trading. Intel, the only American company capable of making ad

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US government takes 10 percent stake in Intel in exchange for money it was already on the hook for

theverge.com Emma Roth 2025-10-29 04:45:38

is a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. Previously, she was a writer and editor at MUO. Posts from this author will be added to your daily email digest and your homepage feed. The US is investing $8.9 billion into Intel, but most of the funds come from money that the government was supposed to pay the embattled chipmaker anyway. In an announcement on Friday, Intel said the federal government will fund its investment using the remainin

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U.S. officially takes 10% stake in Intel

cnbc.com Kif Leswing 2025-10-29 08:42:28

Lip-Bu Tan, chief executive officer of Intel Corp., departs following a meeting at the White House in Washington, DC, US, on Monday, Aug. 11, 2025. White House officials previously told CNBC that Trump and Intel CEO Lip-Bu Tan will meet on Friday afternoon. Lutnick's post included a photo with Tan. "They've agreed to do it and I think it's a great deal for them," Trump told reporters Friday at the White House Earlier on Friday, President Donald Trump said the government should get about 10% o

Topics: chips company government intel said

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Trump confirms US government’s 10% stake in Intel, stock climbs

9to5mac.com Marcus Mendes 2025-10-29 08:19:11

After hinting at it earlier this week, President Trump confirmed today during a World Cup press briefing, that the U.S. government will take a 10% stake in Intel, capping a pretty eventful two-week stretch. Here’s how that happened. A bit of context Two weeks ago, Trump called for Intel CEO Lip-Bu Tan’s resignation due to “highly CONFLICTED” ties with China: before joining Intel, Tan led Cadence Design, a firm that recently pleaded guilty to an investigation by the Justice Department over char

Topics: deal intel meeting tan trump

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The US government is taking a 10 percent stake in Intel

engadget.com Unknown 2025-10-29 08:50:47

President Donald Trump says the US government is taking a 10 percent stake in chip maker Intel. Trump shared the news during a press conference on Friday, though an official announcement is still forthcoming, Reuters reports. News of a plan to convert Intel's previously promised CHIPS Act funding into equity in the company was first reported earlier in August. A meeting between Intel CEO Lip-Bu Tan and Trump following the President's call for Tan to resign seems to be the source of the deal. "H

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Trump says US will take 10% stake in Intel because CEO wants to “keep his job”

arstechnica.com Unknown 2025-10-29 08:14:14

Intel has agreed to sell the US a 10 percent stake in the company, Donald Trump announced at a news conference Friday. The US stake is worth $10 billion, Trump said, confirming that the deal was inked following his talks with Intel CEO Lip-Bu Tan. Trump had previously called for Tan to resign, accusing the CEO of having "concerning" ties to the Chinese Communist Party. During their meeting, the president claimed that Tan "walked in wanting to keep his job and he ended up giving us $10 billion

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US government plans to take a 10% stake in Intel

techcrunch.com Kirsten Korosec 2025-10-29 12:14:36

The U.S. government plans to take a 10% stake in Intel, President Donald Trump told reporters Friday. Bloomberg was first to report the news, which pushed the semiconductor chip company’s stock up more than 7%. Trump said Intel has agreed to the proposal. Intel declined to comment. The news comes during a pivotal — and recently volatile — time for Intel. CEO Lip-Bu Tan is currently restructuring the chipmaker, shuttering certain divisions and laying off workers in a bid to focus on its core bu

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Intel stock rises as Trump says chipmaker has agreed to sell stake to government

cnbc.com Kif Leswing 2025-10-29 16:52:53

Lip-Bu Tan, chief executive officer of Intel Corp., departs following a meeting at the White House in Washington, DC, US, on Monday, Aug. 11, 2025. Intel shares rose about 6% on Friday after Bloomberg reported that the Trump administration is poised to announce that the U.S. government will take an equity stake in the struggling chipmaker. Following the report, President Donald Trump said the government should get about 10% of the company, which has a market cap of just over $100 billion. "Th

Topics: chips company government intel said

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Axbylute will actually sell Intel and Tencent’s gigantic glasses-free 3D handheld

theverge.com Sean Hollister 2025-10-29 16:24:20

is a senior editor and founding member of The Verge who covers gadgets, games, and toys. He spent 15 years editing the likes of CNET, Gizmodo, and Engadget. Posts from this author will be added to your daily email digest and your homepage feed. In January, one of the wildest Intel prototypes I witnessed at CES was a giant handheld gaming PC with an 11-inch autostereoscopic (read: glasses-free) 3D screen, detachable controllers, an Intel Lunar Lake chip, and a dedicated toggle to switch between

Topics: 3d abxylute display intel screen

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Trump says the US is taking a 10 percent stake in Intel

theverge.com Emma Roth 2025-10-29 16:39:55

is a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. Previously, she was a writer and editor at MUO. Posts from this author will be added to your daily email digest and your homepage feed. President Donald Trump has confirmed that the US will take a 10 percent stake in Intel. During a press conference on Friday, Trump said Intel CEO Lip-Bu Tan agreed to give the government the stake, which is valued at around $10 billion. Earlier this month, Trump

Topics: deal government intel said trump

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Marines managed to get past an AI powered camera "undetected" by hiding in boxes

news.ycombinator.com Gio Silva 2025-11-01 03:59:30

In what sounds like a scene from a comedy movie, a squad of Marines successfully outsmarted an advanced artificial intelligence system by employing tactics that would make any child playing hide-and-seek proud. The remarkable demonstration revealed both the impressive capabilities and surprising limitations of modern AI technology. The experiment took place as part of DARPA’s Squad X program a while back. It aimed to develop advanced surveillance systems capable of identifying human threats in

Topics: ai artificial human intelligence marines

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Trump Is Betting Big on Intel. Will the Chips Fall His Way?

wired.com Lauren Goode 2025-11-01 04:04:06

The US government is aiming to take an equity stake in Intel in exchange for grants the company was already committed to receive under the Biden era CHIPS Act, according to comments US commerce secretary Howard Lutnick made in an interview with CNBC. The move is part of the government’s efforts to boost US chip manufacturing. “We should get an equity stake for our money, so we’ll deliver the money which was already committed under the Biden administration,” Lutnick said. “We’ll get equity in re

Topics: administration equity government intel steel

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Unmasking the Privacy Risks of Apple Intelligence

news.ycombinator.com Unknown 2025-11-01 07:36:51

Executive Summary Lumia’s Research Team revealed that messages dictated via Siri, including WhatsApp and iMessage are not sent to the Private Cloud Compute. In fact, there is no assurance as to what Apple does with these messages. Siri transmits metadata about installed and active apps without the user’s ability to control these privacy settings. Audio playback metadata such as ‘recording names’, is sent without consent. No user control or visibility exists over these background data flows.

Topics: ai apple intelligence privacy siri

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Mark Zuckerberg freezes AI hiring amid bubble fears

news.ycombinator.com James Titcomb 2025-11-02 10:04:08

Stock market volatility was largely prompted by a report from the Massachusetts Institute of Technology, which claimed that 95pc of companies were getting “zero return” on their AI investments. A Meta spokesman sought to downplay the freeze, saying: “All that’s happening here is some basic organisational planning: creating a solid structure for our new superintelligence efforts after bringing people on board and undertaking yearly budgeting and planning exercises.” It comes after the company h

Topics: ai companies company researchers superintelligence

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Say farewell to the AI bubble, and get ready for the crash

news.ycombinator.com Business Columnist 2025-11-03 14:12:52

Most people not deeply involved in the artificial intelligence frenzy may not have noticed, but perceptions of AI’s relentless march toward becoming more intelligent than humans, even becoming a threat to humanity, came to a screeching halt Aug. 7. That was the day when the most widely followed AI company, OpenAI, released GPT-5, an advanced product that the firm had long promised would put competitors to shame and launch a new revolution in this purportedly revolutionary technology. As it hap

Topics: ai gpt hanna intelligence openai

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Intel in talks with other large investors for equity boost at discount, sources say

cnbc.com Annie Palmer 2025-11-04 09:51:56

Intel is in talks with other large investors to receive an equity infusion at a discounted price, people familiar with the matter told CNBC's David Faber. Intel stock slid more than 7% on Tuesday, after rallying earlier this week on a $2 billion capital injection from SoftBank and reports that the Trump administration is weighing different ways to get involved with the company. Commerce Secretary Howard Lutnick told CNBC on Tuesday that the U.S. government must receive an equity stake in Intel

Topics: cnbc equity faber intel told

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Intel Foundry Demonstrates First Arm-Based Chip on 18A Node

news.ycombinator.com Zak Killian 2025-11-03 03:31:18

Images in this post: Intel, via TechPowerUp! Intel Foundry needs external customers, as the company claims that if it doesn't find more, it may have to "pause or discontinue our pursuit of Intel 14A and successor nodes." That could explain why the company posted a video today on its YouTube channel showing off "Deer Creek Falls", a new "reference SoC" fabricated on its 18A process.The video has since been removed, which is why we're crediting TechPowerUp on the screenshots, but it clearly sho

Topics: arm chip external foundry intel

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US in talks over 10% Intel stake, White House confirms

feeds.bbci.co.uk Unknown 2025-11-05 08:36:51

US in talks over 10% Intel stake, White House confirms The White House press secretary said the move was important for national security and the economy The highly unusual move could help Intel as it struggles to compete with rivals like Nvidia, Samsung and TSMC, particularly in the booming artificial intelligence (AI) chip market. Intel has been contacted by the BBC for comment. The potential deal could involve swapping government grants for Intel shares, according to US Commerce Secretary H

Topics: house intel said stake white

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Is Meta’s Superintelligence Overhaul a Sign Its AI Goals Are Struggling?

gizmodo.com Ece Yildirim 2025-11-05 09:37:18

Meta is splitting its AI division Meta Superintelligence Labs less than two months after the company announced its formation in June. The group will be split into four smaller groups, according to a New York Times report. One group will focus on AI research, another one on infrastructure and hardware projects, one on AI products, and another one on building out AI superintelligence, a hypothetical AI system that could outperform human intelligence on any and all scales. Facebook did not respon

Topics: ai company meta superintelligence zuckerberg

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Alation says new query feature offers 30% accuracy boost, helping enterprises turn data catalogs into problem solvers

venturebeat.com Sean Michael Kerner 2025-11-05 17:43:19

Want smarter insights in your inbox? Sign up for our weekly newsletters to get only what matters to enterprise AI, data, and security leaders. Subscribe Now The enterprise data catalog market has undergone dramatic shifts in the modern gen AI era. Traditional data catalogs served as static repositories where users searched for datasets and documentation. The market expanded to include data governance capabilities with many vendors branding the technology as data intelligence platforms. Early

Topics: agents ai alation data intelligence

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Apple Intelligence gets 20+ brand new features in iOS 26, here’s the full list

9to5mac.com Ryan Christoffel 2025-11-06 04:19:07

Apple Intelligence may not yet include the major Siri upgrades that were promised, but there are a ton of other new features coming in iOS 26. Here’s everything new New Apple Intelligence features coming in iOS 26 Apple Intelligence currently offers just over 20 features, but in iOS 26 there are another 20+ new features and improvements coming—all in a single software release. Here’s the full list of new AI features across four categories: Communication Communication is a big focus with App

Topics: 26 apple features intelligence ios

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Lutnick says Intel has to give government equity in return for CHIPS Act funds

cnbc.com Annie Palmer Chris Eudaily 2025-11-06 09:38:16

In this article INTC Follow your favorite stocks CREATE FREE ACCOUNT watch now Commerce Secretary Howard Lutnick said Tuesday that Intel must give the U.S. government an equity stake in the company in return for CHIPS Act funds. "We should get an equity stake for our money," Lutnick said on CNBC's "Squawk on the Street." "So we'll deliver the money, which was already committed under the Biden administration. We'll get equity in return for it." Shares of the struggling chipmaker climbed 8% on T

Topics: chips intel lutnick money said

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Howard Lutnick Calls CHIPS Act a ‘Giveaway to Rich Companies’ Like Intel

gizmodo.com Matt Novak 2025-11-06 14:40:15

The U.S. government could get a 10% equity stake in Intel in exchange for more funds from the CHIPS Act, according to Commerce Secretary Howard Lutnick, who appeared on CNBC Tuesday. Lutnick was pressed about whether that would be a worse deal than what Intel had previously received under the Biden-era manufacturing plan, and the commerce secretary seemed more than happy to acknowledge it was. “Of course it’s worse, of course it’s worse…” Lutnick said, laughing. CNBC host David Faber asked if t

Topics: intel just lutnick money trump

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Trump administration reportedly weighs 10% stake in Intel via CHIPS Act grants, making government top shareholder

cnbc.com Dylan Butts 2025-11-06 18:03:22

Lip-Bu Tan, chief executive officer of Intel Corp., departs following a meeting at the White House in Washington, DC, US, on Monday, Aug. 11, 2025. Alex Wroblewski | Bloomberg | Getty Images The Trump administration is discussing taking a 10% stake in Intel , according to a Bloomberg report on Tuesday, in a deal that could see the U.S. government become the chipmaker's largest stakeholder. As part of a potential deal, the government is also considering converting some or all of Intel's grants f

Topics: act administration company government intel

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Latest Tech News

The Trump administration’s big Intel investment comes from already awarded grants

With Apple's Siri AI Overhaul Delayed, Google Might Help It Catch Up

The US government is taking an $8.9 billion stake in Intel

U.S. Government Now ‘Controls’ 10% of Intel, Trump Says

U.S. government takes 10% stake in Intel, as Trump expands control over private sector

Trump confirms US government’s 10% stake in Intel, stock climbs [Update: Intel statement]

U.S. government takes 10% stake in Intel

US government takes 10 percent stake in Intel in exchange for money it was already on the hook for

U.S. officially takes 10% stake in Intel

Trump confirms US government’s 10% stake in Intel, stock climbs

The US government is taking a 10 percent stake in Intel

Trump says US will take 10% stake in Intel because CEO wants to “keep his job”

US government plans to take a 10% stake in Intel

Intel stock rises as Trump says chipmaker has agreed to sell stake to government

Axbylute will actually sell Intel and Tencent’s gigantic glasses-free 3D handheld

Trump says the US is taking a 10 percent stake in Intel

Marines managed to get past an AI powered camera "undetected" by hiding in boxes

Trump Is Betting Big on Intel. Will the Chips Fall His Way?

Unmasking the Privacy Risks of Apple Intelligence

Mark Zuckerberg freezes AI hiring amid bubble fears

Say farewell to the AI bubble, and get ready for the crash

Intel in talks with other large investors for equity boost at discount, sources say

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US in talks over 10% Intel stake, White House confirms

Is Meta’s Superintelligence Overhaul a Sign Its AI Goals Are Struggling?

Alation says new query feature offers 30% accuracy boost, helping enterprises turn data catalogs into problem solvers

Apple Intelligence gets 20+ brand new features in iOS 26, here’s the full list

Lutnick says Intel has to give government equity in return for CHIPS Act funds

Howard Lutnick Calls CHIPS Act a ‘Giveaway to Rich Companies’ Like Intel

Trump administration reportedly weighs 10% stake in Intel via CHIPS Act grants, making government top shareholder

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