- Intel (NASDAQ:INTC) passed on investing in generative artificial intelligence startup OpenAI as far back as 2017 for several reasons, Reuters reported.
- Intel, then led by Chief Executive Bob Swan, decided against the investment in part because Swan did not think generative AI models would come to market in the near term, the news outlet added, citing three sources familiar with the matter.
- OpenAI wanted to attract Intel as an investor because it could have cut their reliance…
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