Data Center News

Intel to layoff over 15,000 staff following massive net loss

Intel has announced it will be cutting more than 15,000 jobs as part of a $10bn cost-saving plan after the company reported a net loss of $1.6 billion for Q2 2024. The company will also be cutting capex by 20 percent, and reducing non-variable cost of goods sold by roughly $1 billion in 2025. ...

August 03, 2024

Intel

Intel selects Bloom Energy for additional fuel cells

Intel has selected Bloom Energy to expand the solid oxide fuel cell technology by installing additional megawatts of its fuel-cell-based Energy Server deployment at its Silicon Valley data center.“Intel is leading the industry in extreme energy-efficient high-performance computing data centers...

May 15, 2024

Intel

Intel’s Foundry unit continues to experience operating loss

Intel has reported a net revenue loss of $400 million in the first quarter of 2024, with its Foundry business unit continuing to experience a significant downturn. CEO Pat Gelsinger said that the revenue decline for the Foundry unit was not unexpected and the company expected 2024 would see it...

April 27, 2024

Intel

ExxonMobil teams up with Intel for data center cooling fluid

Oil and gas company ExxonMobil has teamed up with Intel to develop new liquid cooling technologies for data centers. The two firms say the partnership has been set up to “design, test, research, and co-develop energy-efficient cooling fluid solutions” for use with systems built on chipmaker I...

April 23, 2024

Intel

Intel completes assembly of High NA EUV system in Oregon

Intel revealed that it has completed the assembly of its High Numerical Aperture NA Extreme Ultraviolet (High NA EUV) lithography tool at the company’s R&D site in Hillsboro, Oregon. This tool will allow it to deliver new levels of precision and scalability in chip manufacturing, enabling ...

April 19, 2024

Intel

Intel receives first-generation High-NA EVU Scanner from ASML after seven years

In a January 4 announcement, Intel revealed that it has finally received a first-generation Twinscan EXE:5000 High-NA extreme ultraviolet (EUV) lithography scanner, which it ordered from ASML seven years ago. This scanner is set to be assembled by both companies in the next few months. The H...

January 06, 2024

Intel

Intel partners with DigitalBridge to launch new AI platform

Intel has partnered with DigitalBridge as well as several other global investment firms in its efforts to launch a new independent enterprise AI company called Articul8. This new independent platform will offer its customers a full-stack, vertically-optimized solution that keeps customer data,...

January 05, 2024

Intel

Intel announces former HPE exec Justin Hotard as head of data center unit

In a new announcement, Intel revealed the appointment of former HPE exec Justin Hotard as executive vice president and general manager of its Data Center and AI Group (DCAI), effective Feb. 1. In this new role, Hotard will be responsible for the company’s suite of data center products spanning...

January 04, 2024

Intel

Intel partners with Vertiv to develop two-phase liquid cooling in Gaudi3 AI accelerator

Intel's new Gaudi3 AI accelerator is set to have two-phase liquid cooling developed in partnership with Vertiv. The systems will have a pumped two-phase (P2P) cooling system designed to remove up to 160kW of heat, using water from 17°C up to 45°C (62.6°F to 113°F). An alternative for air-coole...

December 01, 2023

Intel

Intel acquires space in Bengaluru's CtrlS DC data center

A CtrlS Data Centers location in Bengaluru, India, has been leased by Intel India for use as a data center. Intel will be provided with 11,536 square feet of data center space under the terms of a three-year lease commencing on July 18. The lease, which CRE Matrix was able to access, states th...

August 11, 2023

Intel

Intel's Data Center & AI Unit Suffers its First Quarterly Deficit

The first quarter was a disaster for Intel, which posted its largest-ever loss, including in historically profitable divisions. The Data Center & AI division of the company experienced a 38.4% decline in revenue to $3.72 billion and its first-ever loss. Last year, the division earned $1.69...

May 10, 2023

Intel

Intel Shifts Focus to High-Margin Businesses, Exits Prebuilt Server System Market with MiTAC Sale

Intel has announced that it will be exiting the prebuilt server system business due to its low-margin profitability. The Data Center Solutions Group (DSG) will be sold to MiTAC, an edge-to-cloud IT solutions provider and a long-standing ODM partner of DSG. MiTAC will have the right to manufact...

April 18, 2023

Intel

Ex-Intel Chief Architect Considers Data Center Opportunities For an Indian AI Startup

Raja Koduri, the former chief architect of Intel Corp, is negotiating a contract with Hiranandani-backed data center company Yotta for his generative artificial intelligence venture, which he says will have a significant presence in India. Koduri stated that his unnamed company would partner w...

April 17, 2023

Intel

Intel to build $700 million data center ‘mega lab’ in Hillsboro

Intel has announced that it is developing a $700 million research lab in Hillsboro, Oregon, which will focus on sustainable data center technology. To be located at the company’s Jones Farm campus, the lab will span 200,000 sq ft (18,580 sqm) and is expected to open next year. According to th...

May 27, 2022

Intel

Intel announces net-zero goal

Intel has announced its pledge to achieve net-zero greenhouse gas emissions across its global emissions by 2040, which it said it will achieve through a number of interim milestones. One of these milestones will be to secure 100% renewable energy for its entire global operations. It will also...

April 21, 2022

Intel

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