For 2017 we set a new challenge: 500 drones. Well known and up-and-coming innovators, makers and experts inside Intel and from across the industry help us explore how technologies are conceived, how they work and how we can use them in our everyday lives. Founded in 1968 to build semiconductor memory products, Intel introduced the world's first computer microprocessor in 1971. This decade, our mission is to create and extend computing technology to connect and enrich the lives of every person on earth.
Tonight South Korean memory chip manufacturer SK Hynix announced a $9 billion deal with Intel. It's acquiring Intel's "NAND memory and storage business, which includes the NAND SSD business, the NAND component and wafer business, and the Dalian NAND memory manufacturing facility in China." If you're wondering what this means for Intel's speedy Optane SSDs, it will continue to hold onto that business, however as Tom's Hardware points out, the technology is jointly developed by Intel and Micron, and manufactured entirely by Micron. The deal is pending government approval, and both parties expect it to close by late next year. It also follows Apple acquiring Intel's smartphone modem business last year. In a statement, Intel CEO Bob Swan said "For Intel, this transaction will allow us to further prioritize our investments in differentiated technology."
When Intel showed off its Vaunt smart glasses (aka "Superlight" internally) back in February, we had high hopes for a new wave of wearable tech that wouldn't turn us into Borgs. Alas, according to The Information's source, word has it that the chip maker is closing the group responsible for wearable devices which, sadly, included the Vaunt. This was later confirmed by Intel in a statement, which hinted at a lack of investment due to "market dynamics." Indeed, Bloomberg had earlier reported that Intel was looking to sell a majority stake in this division, which had about 200 employees and was valued at $350 million. To avoid the awkwardness that doomed the Google Glass, Intel took the subtle approach by cramming a retinal laser projector -- along with all the other electronic bits, somehow -- into the Vaunt's ordinary-looking spectacle frame; plus there was no camera on it.
Movidius, an Intel company, is transforming the future of computer vision and artificial intelligence (AI) to accelerate innovation for the next generation of smart and connected devices. By delivering low-power, high-performance SoC platforms for accelerating perceptual computing, Movidius is at the forefront of a new era of computing that enables new levels of intelligence for drones, robots, cameras, virtual and augmented reality, and other devices at the edge.
The two recently disclosed vulnerabilities affecting all kinds of computer processors represented a huge threat to consumers and businesses around the globe. Thankfully, Intel offered up a partial fix -- so all good, right? You see, it turns out the patch that was issued by Intel has a few problems of its own. Now, things are so busted that the company is telling some of its customers to avoid the official patch altogether. This unfortunate development came to light Monday, when Intel issued an official statement telling a groups of its customers to just slow their roll when it comes to updating their critically vulnerable systems.