Thread regarding Intel Corp. layoffs

Habana Labs founders leave Intel to form AI startup

https://www.eenewseurope.com/en/habana-labs-founders-leave-intel-to-form-ai-startup/

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| 1241 views | | 4 replies (last September 11, 2024) | Reply
Post ID: @OP+1urWxxIX

4 replies (most recent on top)

Intel gets duped by them ALWAYS (Habana, Mobileye, DSP Communications etc).
Intel's downfall reasons;

  1. Nepotism based on Nationality.
  2. Duped into buying worthless going bankrupt companies at 5-10x revenue/value/potential (Mobileye, Nervana, Habana, DSP Communications, Wind River, McAffee, Altera,

(https://en.m.wikipedia.org/wiki/List_of_mergers_and_acquisitions_by_Intel). Someow Israel knows how to dupe/coerce/cazzole/force Intel's $$.

  1. Attitude that Oregon(RA, JF) TMG/TD/Design is the "center of the universe". Everyone else is just amature.
  2. DEI and ~4months of bonding leave.
  3. Too many sites w no direct connection to product/external customers.
  4. Upper Management has no foresight. They r clueless.
  5. Too many PEs. Senior PEs doing grade 8 work or less and getting ~$250K/yr compensation! There are PE managers w 10 employees to manage and no patents!
  6. Nepotism.
  7. Very bad and incompetent HIP teams!
  8. All around complex, beauracratic, cumbersome process in design, arch, decisions, layout, production etc. Again too many PEs, Senior PEs butt in to delay the process.

Lastly, very bad CEO (see below):
AMD is in the rear view mirror.
We’ll get lucky just like Nvidia.
We make better chips than that lifestyle company.
I’ve bet the company on 18A.
We’ve reached the bottom!
IFS is not going to take single dime from the Govt but then brags about getting/securing ~$10 billion from Govt!

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Post ID: @1imp+1urWxxIX

@txo
Intel’s in no position to be acquiring anybody anymore.

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Post ID: @nst+1urWxxIX

It will be Groundhog Day if they are re-acquired by Intel in a few years.

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Post ID: @txo+1urWxxIX

Good riddance

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Post ID: @zby+1urWxxIX

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