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Intel will receive a $2 billion lifeline from SoftBank

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. SoftBank will invest $2 billion into Intel as the struggling chipmaker pulls back on spending and lays off thousands of workers. In an announcement, SoftBank CEO Masayoshi Son said the investment aligns with the firm’s belief that “advanced semiconductor manufac

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

At the embattled chipmaker's current market value, a 10% stake would be worth roughly $10.4 billion. Meanwhile, Intel has been awarded about $10.9 billion in Chips Act grants, including $7.9 billion for commercial manufacturing and $3 billion for national security projects. As part of a potential deal, the government is also considering converting some or all of Intel's grants from the 2022 U.S. CHIPS and Science Act into equity in the company, the report said, citing a White House official and

Intel shares jump as Softbank to buy $2bn stake in chip giant

Intel shares jump as Softbank to buy $2bn stake in chip giant The BBC has contacted the White House and Intel for comment. The potential deal , which was first reported last week, aims to help Intel build a flagship manufacturing hub in Ohio. At the time, a White House spokesman told the BBC that the reports "should be regarded as speculation" unless officially announced. The announcement came just hours after new reports that the Trump administration is in talks to take a stake of around 10%

Trump administration eyes 10% stake in Intel using CHIPS Act funds, stock slides

A few days ago, news broke that following a meeting with Intel CEO Lip-Bu Tan, the Trump administration was looking to take an unspecified stake in Intel. Now, Bloomberg says the number being discussed is around $10.5 billion. Here are the details. Not what the market seemed to be expecting Intel stock slid today, following Bloomberg‘s report that the Trump administration was considering converting Intel’s $10.9 billion CHIPS Act funding into an equity stake, potentially giving the U.S. govern

SoftBank makes $2B investment in Intel

Japanese conglomerate SoftBank has agreed to make a $2 billion investment in Intel in a deal described as a commitment to advanced technology and semiconductors in the United States. The agreement, in which SoftBank will buy Intel common stock, was announced Monday after markets closed. SoftBank will pay $23 per share of Intel common stock. Shares of Intel, which closed at $23.66, popped more than 5% in after-hours trading. SoftBank Group Chairman and CEO Masayoshi Son said in a statement that

Intel is getting a $2 billion investment from SoftBank

Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., speaks during the company's annual general meeting in Tokyo, Japan, on Friday, June 27, 2025. Intel and SoftBank announced on Monday that the Japanese conglomerate will make a $2 billion investment in the embattled chipmaker. SoftBank will pay $23 per share for Intel's common stock, which closed on Monday at $23.66. The shares rose about 6% in extended trading to $25. The investment makes SoftBank the fifth-biggest I

The Download: pigeons’ role in developing AI, and Native artists’ tech interpretations

People looking for precursors to artificial intelligence often point to science fiction by authors like Isaac Asimov or thought experiments like the Turing test. But an equally important, if surprising and less appreciated, forerunner is American psychologist B.F. Skinner’s research with pigeons in the middle of the 20th century. Skinner believed that association—learning, through trial and error, to link an action with a punishment or reward—was the building block of every behavior, not just

WIRED Roundup: Why GPT-5 Flopped

Zoë Schiffer: Yeah, I mean it really, really impacted people. I think on the most extreme ends, you see people who have what looks like perhaps like a mental health crisis, they're so attached to the model, but then you just have complete power users who are like, “This is part of my minute by minute life. What have you done? You didn't warn me.” Jake Lahut: And this is where the introspective aspect of these tools, the kind of desire for self-understanding, the people who are not advisably fro

8x19 Text Mode Font Origins

I was recently made aware of something that I had noticed before, but never paid much attention to. Consider this screenshot of a BIOS POST screen: Intel AN430TX board POST screen VGA text modes usually use 720×400 resolution and 8×16 fonts (expanded to 9×16). The above screenshot uses 640×480 resolution (VGA graphics), but it is with a high degree a certainty a text mode, using a custom 8×19 font. The BIOS is a Phoenix BIOS 4.0 Release 6.0, running on an Intel Anchorage (AN430TX) board. For

Topics: 19 bios board font intel

Why we should thank pigeons for our AI breakthroughs

People looking for precursors to artificial intelligence often point to science fiction by authors like Isaac Asimov or thought experiments like the Turing test. But an equally important, if surprising and less appreciated, forerunner is Skinner’s research with pigeons in the middle of the 20th century. Skinner believed that association—learning, through trial and error, to link an action with a punishment or reward—was the building block of every behavior, not just in pigeons but in all living

The Timmy Trap

This is Part 2 of my LLM series. In Part 1, I discussed how in just a few short years, we went from the childlike joy of creating “Pirate Poetry” to the despair that our jobs would disappear. My main message was to relax a bit, as companies abuse the hype cycle to distort what is actually happening. In this post I want to talk about how we fall prey to this distortion: we perceive LLMs as intelligent when they aren’t. A recent post from Jeppe Stricker put me on this path. He wrote, “AI produces

US may purchase stake in Intel after Trump attacked CEO

Donald Trump has been meddling with Intel, which now apparently includes mulling "the possibility of the US government taking a financial stake in the troubled chip maker," the Wall Street Journal reported. Trump and Intel CEO Lip-Bu Tan weighed the option during a meeting on Monday at the White House, people familiar with the matter told WSJ. These talks have only just begun—with Intel branding them a rumor—and sources told the WSJ that Trump has yet to iron out how the potential arrangement m

Government's Intel intervention is 'essential' for national security, tech analyst says

A government intervention in struggling chipmaker Intel is "essential" for the sake of national security, analyst Gil Luria said Friday, following a report that the Trump administration is weighing taking a stake in the company. "We're all capitalists," Luria, head of technology research at D.A. Davidson, said in an interview with CNBC's "Squawk Box." "We don't want government to intervene and own private enterprise, but this is national security." Bloomberg reported Thursday that the Trump ad

Intel shares jump after report of possible US stake in chipmaker

Intel shares jump after report of possible US stake in chipmaker The article comes days after a meeting between Intel boss Lip-Bu Tan and US President Donald Trump, who had earlier accused Mr Tan of being "highly conflicted" due to his earlier ties to China. White House spokesman Kush Desai said "discussion about hypothetical deals should be regarded as speculation unless officially announced by the administration." The reported deal would support the technology firm's plans to build a manufa

Trump's administration may look to buy a stake in Intel

Intel has had some recent struggles in delivering results for its shareholders, but the company could soon be answering to an additional boss. The current administration is reportedly in talks to have the US government acquire a stake in the chipmaker. No specifics about the size or value of the potential share in the company have been disclosed, but the focus appears to be on increasing Intel's manufacturing footprint in the US. Bloomberg first reported the news, but at least one source caution

US government is reportedly in discussions to take stake in Intel

In Brief The Trump administration continues to meddle with semiconductor giant Intel. The U.S. government is reportedly in discussions to take a stake in Intel, according to reporting from Bloomberg. This deal would be structured to help the company expand its U.S. manufacturing efforts, including its much-delayed Ohio chip factory. This news comes less than a week after President Donald Trump insisted that Intel CEO Lip-Bu Tan resign because of perceived conflicts of interest. While Trump di

Intel stock climbs 7% on report Trump administration is considering stake in chipmaker

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 7% on Thursday after Bloomberg reported that the Trump administration is in talks with the chipmaker to have the U.S. government take a stake in the struggling company. Intel is the only U.S. company with the capability to manufacture the fastest chips on U.S. shores, although rivals including Taiwan Semiconductor Manufacturing Co

US government reportedly in talks to take stake in Intel, stock surges

Intel’s stock spiked late in trading today after reports that the Trump administration is in talks to take a stake in the company. The news follows Trump’s recent call for the ouster of CEO Lip-Bu Tan and a subsequent meeting between the two. Following deals with Nvidia and AMD, Trump now eyes Intel As reported by Bloomberg, the Trump administration is in discussions to take a stake in Intel, in a bid to “help shore up Intel’s planned factory hub in Ohio,” which was once billed as the future l

U.S. government is reportedly in discussions to take stake in Intel

In Brief The Trump administration continues to meddle with semiconductor giant Intel. The U.S. government is reportedly in discussions to take a a stake in Intel, according to reporting from Bloomberg. This deal would be structured to help the company expand its U.S. manufacturing efforts, including its much-delayed Ohio chip factory. This news comes less than a week after President Donald Trump insisted that Intel CEO Lip-Bu Tan resign because of perceived conflicts of interest. While Trump

Intel stock climbs 7% on report Trump administration is considering stake

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 stock rose 7% in trading on Thursday after Bloomberg reported that the Trump administration is in talks with the chipmaker to have the U.S. government take a stake in the embattled company. Intel is the only U.S. company with the capability to manufacture the fastest chips on U.S. shores, although rivals including TSMC and Samsung also have U

A new Apple TV 4K is coming soon: will it support Apple Intelligence?

A hardware refresh for the Apple TV 4K set-top box is coming soon. The current generation was released in spring 2022, and is powered by an A15 Bionic chip. The new generation is expected to feature a new Apple-designed WiFi and Bluetooth chip, as well as a CPU upgrade. A report from MacRumors today cites code references that indicate the box will actually get an A17 Pro chip, the same processor that powers the iPhone 15 Pro. The jump from A15 to A17 obviously will provide a nice boost to CPU

I converted this Windows 11 mini PC into a Linux work station - and didn't regret it

Geekom IT15 Mini PC ZDNET's key takeaways The Geekcom IT 15 Mini PC is available on Amazon for $1,100. This tiny form-factor PC has plenty of power to spare for everyday tasks. The only downside is that the IT15 doesn't have a dedicated GPU. $1,199 at Amazon I've always enjoyed a mini PC, and any time I can cobble together a system with a tiny form factor, I feel like a kid at Christmas. The latest mini to grace my desktop was the Geekcom IT 15 Mini PC, a truly diminutive machine with a healt

Topics: gpu intel linux mini pc

What happens the day after superintelligence?

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 With the release OpenAI’s Chat GPT-5, the world is one step closer to unleashing a general-purpose superintelligence that can cognitively outperform each of us by a wide margin. As this day nears, I am increasingly worried that we are woefully unprepared for the shockwaves this will send through society — and it’s probably not for the reaso

The road to artificial general intelligence

Artificial intelligence models that can discover drugs and write code still fail at puzzles a lay person can master in minutes. This phenomenon sits at the heart of the challenge of artificial general intelligence (AGI). Can today’s AI revolution produce models that rival or surpass human intelligence across all domains? If so, what underlying enablers—whether hardware, software, or the orchestration of both—would be needed to power them? Dario Amodei, co-founder of Anthropic, predicts some for

I replaced Windows 11 with Linux on this mini PC, and it's already paying off for my workflow

Geekom IT15 Mini PC ZDNET's key takeaways The Geekcom IT 15 Mini PC is available on Amazon for $1,100. This tiny form-factor PC has plenty of power to spare for everyday tasks. The only downside is that the IT15 doesn't have a dedicated GPU. $1,199 at Amazon I've always enjoyed a mini PC, and any time I can cobble together a system with a tiny form factor, I feel like a kid at Christmas. The latest mini to grace my desktop was the Geekcom IT 15 Mini PC, a truly diminutive machine with a healt

Topics: gpu intel linux mini pc

When DEF CON partners with the U.S. Army

DEF CON founder Jeff “Dark Tangent” Moss (left) downing a jello shot and shouting “Go Army” at the end of his fireside chat with former National Security Agency director Paul M. Nakasone (right) on Friday. The previously imprisoned hacktivist Jeremy Hammond was ejected from the conference shortly afterward, yelling “Free Palestine!” Amidst a backdrop of continually airborne beach balls and a remix of the indie rock hit “Heads Will Roll,” entrants to the ‘Arcade Party’ on the second floor of the

I installed Linux on this mini PC - here's how it transformed my workflow (for the better)

Geekom IT15 Mini PC ZDNET's key takeaways The Geekcom IT 15 Mini PC is available on Amazon for $1,100. This tiny form-factor PC has plenty of power to spare for everyday tasks. The only downside is that the IT15 doesn't have a dedicated GPU. $899 at Amazon I've always enjoyed a mini PC, and any time I can cobble together a system with a tiny form factor, I feel like a kid at Christmas. The latest mini to grace my desktop was the Geekcom IT 15 Mini PC, a truly diminutive machine with a healthy

Topics: gpu intel linux mini pc

The ex-CIA agents deciding Facebook's content policy (2022)

It is an uncomfortable job for anyone trying to draw the line between “harmful content and protecting freedom of speech. It’s a balance”, Aaron says. In this official Facebook video, Aaron identifies himself as the manager of “the team that writes the rules for Facebook”, determining “what is acceptable and what is not.” Thus, he and his team effectively decide what content the platform’s 2.9 billion active users see and what they don’t see. Aaron is being interviewed in a bright warehouse-turn

Intel CEO turns Trump around, but his job still hangs in the balance

Last week, President Trump called for the dismissal of Intel CEO Lip-Bu Tan over “highly CONFLICTED” ties to China, further escalating an already difficult situation for the executive. Today, following a meeting, Trump appeared to soften his stance, even if partially. A quick recap Before joining Intel, Tan worked as CEO for Cadence Design Systems, a firm that just pleaded guilty to an investigation by the Justice Department over charges of “selling its chip-design products to a Chinese milit

Trump flip-flops on Intel CEO, calls him 'success' days after demanding resignation

President Donald Trump said Monday that he and members of his cabinet met with Intel CEO Lip-Bu Tan, days after he called on the head of the chipmaker to resign. Intel shares rose 2% in extended trading. "I met with Mr. Lip-Bu Tan, of Intel, along with Secretary of Commerce, Howard Lutnick, and Secretary of the Treasury, Scott Bessent," Trump wrote in a post on Truth Social. "The meeting was a very interesting one. His success and rise is an amazing story. Mr. Tan and my Cabinet members are goi

Topics: ceo intel said tan trump