Intel's AI Chief Defects to OpenAI After Just Seven Months, CEO Takes Direct Control

Intel's CTO and AI chief leaves for OpenAI after just seven months in role -- follows another AI data center exec out the door, Lip Bu-Tan to take up the slack

Will take on the role of managing OpenAI's compute infrastructure. Intel's Chief Technology Officer and head of AI, Sachin Katti, has left the longtime chip manufacturer and joined OpenAI instead, as reported by Reuters. He'll be taking over the role of building out OpenAI's compute infrastructure. Back at Intel, CEO Lip Bu-Tan will take on the role of head of AI and Advanced Technologies himself, "working closely with the team." Since the appointment of Intel CEO Lip Bu-Tan in March, he's been on a tear, cutting the workforce by tens of thousands and courting the Trump administration in an effort to rebrand Intel as a chip design and fabrication firm, as well as one that produces its own silicon. Katti was reshuffled from Intel's Network and Edge group at the time to take on the role of CTO and AI Officer, but just seven months on, he's leaving for greener AI pastures. "We thank Sachin for his contributions and wish him all the best. Lip-Bu will lead the AI and Advanced Technologies Groups, working closely with the team," Intel said in a statement. "AI remains one of Intel's highest strategic priorities, and we are focused on executing our technology and product roadmap across emerging AI workloads." Although OpenAI hasn't released a public company statement, President Greg Brockman did say on Twitter/X that Katti would be taking over OpenAI's compute infrastructure planning and building, helping to scale up OpenAI's backend to power future services. The move follows news just last week that Katti's direct report, Saurabh Kulkarni, has left his role as vice president of data center AI product management at Intel. The unconfirmed report claims Kulkarni is headed to AMD. Although CEO Lip Bu-Tan taking on the AI chief role shows his commitment and seriousness of the position, losing such a key position at this time is a poor look for Intel. It has struggled to remain relevant in the consumer and data center CPU space for several generations of hardware, and though having the US government on its shareholder list does give it some serious backing, its identity in the new AI world isn't yet clear. Its NPUs are capable, but not standouts, and it has yet to secure a major customer for its cutting-edge silicon. Katti is biting off a lot with the new OpenAI position, too. With hundreds of billions in infrastructure promised, Katti is coming on board at the time of one of the largest rollouts of hardware and investment dollars the world has ever seen. He'll be overseeing some of the largest projects ever envisaged, and the challenges when it comes to finding the money, chips, power, and water to manage them are far from trivial. Perhaps government backstops wouldn't be such a bad plan after all.

Intel CTO and AI boss quits to join OpenAI

Sachin Katti was one of new Intel CEO Lip Bu Tan's first appointments Sachin Katti, the exec Intel promoted to chief technology and AI officer in April, will leave the x86 giant to join OpenAI after just six months in the job. Katti was one of new Intel CEO Lip Bu Tan's early appointments when he took Chipzilla's big chait in March. News of Katti's departure seems to have played out on X, where OpenAI president and co-founder Greg Brockman welcomed the former Intel exec to the AI upstart. Katti replied with a post in which he declared himself "Excited for the opportunity to work with" Brockman, OpenAI CEO Sam Altman, and others at the company "on building out the compute infrastructure for AGI!" He also said he's very grateful for the tremendous opportunity and experience at Intel over the last 4 years leading networking, edge computing and AI," adding it was the "Privilege of a lifetime to have worked closely with" Intel CEO Lip Bu Tan, past CEO Pat Gelsinger, and Intel's edge and networking boss Nick McKeown. Lip Bu Tan has said he will add leadership of Intel's AI efforts to his role. Katti's departure is a terrible look for Intel, which has struggled to develop competitive AI accelerators to match those from established rivals Nvidia and AMD. Intel is also arguably behind hyperscalers like Google and AWS that developed their own AI silicon and probably trails Broadcom's ability to design AI hardware - a capability OpenAI apparently rates so highly it tapped the firm to build its own custom accelerators. Nor has Chipzilla proven it's up to the task of making sophisticated AI semiconductors in its foundries, which are yet to secure a major AI customer. OpenAI also has plenty to prove. The company appears to be losing billions each quarter but has committed to spending many tens of billions on projects including giant datacenter builds, creating a consumer AI device, and developing artificial general intelligence - machines with powers of cognition superior to humans - an effort Katti mentioned as a factor motivating his move from Intel. OpenAI is doing all of the above while trying to change from a nonprofit structure to allow it to more easily find investors. In recent weeks, CEO Sam Altman has called for government assistance to fund its efforts, on grounds they represent vital national infrastructure.

Intel CEO to oversee its AI efforts after executive departs for OpenAI

SAN FRANCISCO, Nov 10 (Reuters) - Intel (INTC.O), opens new tab said on Monday its CEO Lip-Bu Tan would oversee the chipmaker's artificial intelligence efforts after the firm's chief technology officer departed for ChatGPT maker OpenAI. Sachin Katti, who has led Intel's AI efforts since a management reorganization at the chipmaker in January, said on social media site X that he had joined OpenAI. "We thank Sachin for his contributions and wish him all the best. Lip-Bu will lead the AI and Advanced Technologies Groups, working closely with the team," Intel said in a statement. "AI remains one of Intel's highest strategic priorities, and we are focused on executing our technology and product roadmap across emerging AI workloads," the company added. OpenAI President Greg Brockman said on X that Katti would be "designing and building our compute infrastructure, which will power our (artificial general intelligence) research and scale its applications to benefit everyone." OpenAI did not immediately respond to a request for comment. A number of top executives have departed Intel since Tan took over in March and attempted a turnaround at the embattled chipmaker. Intel has struggled to attract a big customer for its contract manufacturing business, or foundry. While the company's central processors are used in AI server systems - at a smaller scale than the main AI chips - Intel has struggled to produce a data center AI chip that can rival the silicon designed by Nvidia (NVDA.O), opens new tab and manufactured by Taiwan's TSMC. Katti joined Intel roughly four years ago and worked in the networking group, which he eventually ran under former CEO Pat Gelsinger. Tan promoted Katti to chief technology officer and chief AI officer in April, when he flattened the company's leadership structure. Previously, Katti was a Stanford professor for nearly 15 years. Tan has elevated some executives and expanded roles. Naga Chandrasekaran, who was running Intel's manufacturing subsidiary, was given more responsibility for working with external contract manufacturing customers. Tan has also brought in new executives from outside the company, such as hiring former Arm executive Kevork Kechichian to run the company's data center unit. Reporting by Stephen Nellis, Jeffrey Dastin and Max Cherney in San Francisco; Editing by Jamie Freed Our Standards: The Thomson Reuters Trust Principles., opens new tab * Suggested Topics: * Artificial Intelligence Max A. Cherney Thomson Reuters Max A. Cherney is a correspondent for Reuters based in San Francisco, where he reports on the semiconductor industry and artificial intelligence. He joined Reuters in 2023 and has previously worked for Barron's magazine and its sister publication, MarketWatch. Cherney graduated from Trent University with a degree in history.

Intel's top AI executive leaves for OpenAI after 6 months in role

Intel's top artificial intelligence executive has defected to OpenAI after six months on the job, marking the latest in a series of senior departures from the chipmaker as it struggles to make a mark in the AI sector. Sachin Katti is joining OpenAI to work on its AI infrastructure, the companies confirmed on Monday. Intel chief executive Lip-Bu Tan will take over his responsibilities. Katti was deeply involved in Intel's push to develop competitive AI software and chips to compete with dominant rivals Nvidia and AMD. He joined Intel in late 2021, and was promoted to chief technology and AI officer in April. His move marks the second time this year that Intel has lost a top AI executive, after Justin Hotard, who led Intel's data centre and AI business, left to become chief executive of Nokia in the spring. It comes after chief strategy officer Safroadu Yeboah‑Amankwah left over the summer. In September, Intel announced that Michelle Johnston Holthaus, former co-chief executive and head of Intel's chips business, would leave after more than 30 years at the company. Intel's failure to launch a competitive product to Nvidia's graphics processing units and capitalise on the AI boom in recent years has contributed to its financial woes. The chipmaker has spent billions of dollars on manufacturing facilities in the US while struggling to grow its revenue from chip sales. Intel shares are up 73 per cent in the past six months after the Trump administration took a 10 per cent stake in the company, which was followed by multibillion-dollar investments from Nvidia and SoftBank. Silicon Valley has meanwhile been gripped by an AI talent war as tech companies race to compete in the technology. OpenAI president and co-founder Greg Brockman, in a post on X, said Katti would be working on "designing and building our compute infrastructure". The $500bn start-up has committed to some $1.4tn in spending on the infrastructure powering AI over the next eight years. Intel thanked Katti, adding that "AI remains one of Intel's highest strategic priorities, and we are focused on executing our technology and product road map across emerging AI workloads". The chipmaker also announced the appointment of Craig Barratt, a former Intel senior vice-president and Google executive, to its board on Monday.

Intel CEO Lip-Bu Tan to lead AI efforts as CTO departs for OpenAI

Intel CEO Lip-Bu Tan speaking at Intel Vision 2025 in Las Vegas in March. Image: Intel Intel says Lip-Bu Tan will lead the chipmakers AI efforts himself, as its recently promoted CTO and AI chief quits to lead infrastructure efforts for OpenAI. He was only promoted to his role in a management reorganisation in January, but Intel's chief technology officer Sachin Katti as left Intel to join OpenAI where, according to his own post on X he will be working on "building out the compute infrastructure for AGI". Intel says its CEO Lip-Bu Tan will now oversee the chipmaker's AI and Advanced Technologies Groups. "AI remains one of Intel's highest strategic priorities, and we are focused on executing our technology and product roadmap across emerging AI workloads," the company said in a statement. Having joined some four years back, a longtime Stanford professor, Katti worked in, and subsequently led, the networking group at Intel before his January promotion. It is just the latest in a long list of senior AI executives jumping ship to competitors in a major battle for talent among the big tech players. Meanwhile, Intel has added industry veteran and senior almnus Craig Barratt to its Board of Directors. Barratt was CEO of Barefoot Networks when it was acquired by Intel back in 2019, and became a senior VP and general manager at Intel where he led the company's ethernet, silicon photonics and networking businesses until 2020. Barratt was previously CEO of Atheros Communications, a wireless semiconductor company that was acquired for $3.1bn by Qualcomm. "Craig is a highly accomplished technology leader with a proven ability to innovate, scale, and transform businesses," said Lip-Bu Tan, Intel CEO. "He is a seasoned semiconductor executive with experience at multiple leading-edge technology companies, which will be invaluable as we continue to execute our strategy and capitalise on our long-term growth opportunities." Don't miss out on the knowledge you need to succeed. Sign up for the Daily Brief, Silicon Republic's digest of need-to-know sci-tech news.

Intel AI Chief Sachin Katti Joins OpenAI | AIM

Intel CEO Lip-Bu Tan will now oversee the chipmaker's AI efforts following Katti's departure. OpenAI president and co-founder Greg Brockman announced that Sachin Katti, a senior technology leader formerly at Intel, is joining OpenAI. Brockman shared the update on X, saying he is "incredibly excited to work with him on designing and building our compute infrastructure, which will power our AGI research and scale its applications to benefit everyone." According to Reuters, Intel CEO Lip-Bu Tan will now oversee the chipmaker's AI and advanced technologies efforts following Katti's departure. "We thank Sachin for his contributions and wish him all the best. Lip-Bu will lead the AI and Advanced Technologies Groups, working closely with the team," Intel wrote in a statement. Katti previously served as senior vice president, chief technology and AI officer, and GM of the Network and Edge Group (NEX) at Intel Corporation, where he led the company's overall AI strategy, product roadmap, and research efforts through Intel Labs. He was also responsible for strengthening Intel's engagement with startups and developers, as well as advancing networking and edge technologies. Before joining Intel, Katti had an accomplished academic career as a professor of electrical engineering and computer science at Stanford University, conducting pioneering research in wireless communications, networking, and applied coding theory. His work earned him several honours, including the ACM Doctoral Dissertation Award (honourable mention) and the William Bennett Prize for Best Paper in IEEE/ACM Transactions on Networking. Beyond academia, Katti is a successful entrepreneur and industry influencer. He co-founded Kumu Networks, known for its breakthroughs in self-interference cancellation technology, and later Uhana, which built AI-driven solutions for mobile network optimisation and was later acquired by VMware. Katti holds a PhD in electrical engineering and computer science from MIT and a BTech in electrical engineering from IIT Bombay.

Intel CEO to oversee its AI efforts after executive departs for OpenAI

Intel's Chief Technology Officer, Sachin Katti, has departed for OpenAI, prompting CEO Lip-Bu Tan to personally lead the chipmaker's AI initiatives. This move comes as Intel aims to bolster its AI strategy amidst ongoing efforts to revitalize its business and compete in the crucial AI chip market. Katti will now focus on OpenAI's compute infrastructure. Intel said on Monday its CEO Lip-Bu Tan would oversee the chipmaker's artificial intelligence efforts after the firm's chief technology officer departed for ChatGPT maker OpenAI. Sachin Katti, who has led Intel's AI efforts since a management reorganization at the chipmaker in January, said on social media site X that he had joined OpenAI. "We thank Sachin for his contributions and wish him all the best. Lip-Bu will lead the AI and Advanced Technologies Groups, working closely with the team," Intel said in a statement. "AI remains one of Intel's highest strategic priorities, and we are focused on executing our technology and product roadmap across emerging AI workloads," the company added. OpenAI President Greg Brockman said on X that Katti would be "designing and building our compute infrastructure, which will power our (artificial general intelligence) research and scale its applications to benefit everyone." OpenAI did not immediately respond to a request for comment. A number of top executives have departed Intel since Tan took over in March and attempted a turnaround at the embattled chipmaker. Intel has struggled to attract a big customer for its contract manufacturing business, or foundry. While the company's central processors are used in AI server systems - at a smaller scale than the main AI chips - Intel has struggled to produce a data centre AI chip that can rival the silicon designed by Nvidia and manufactured by Taiwan's TSMC. Katti joined Intel roughly four years ago and worked in the networking group, which he eventually ran under former CEO Pat Gelsinger. Tan promoted Katti to chief technology officer and chief AI officer in April, when he flattened the company's leadership structure. Previously, Katti was a Stanford professor for nearly 15 years. Tan has elevated some executives and expanded roles. Naga Chandrasekaran, who was running Intel's manufacturing subsidiary, was given more responsibility for working with external contract manufacturing customers. Tan has also brought in new executives from outside the company, such as hiring former Arm executive Kevork Kechichian to run the company's data centre unit.

Intel CEO Admits AI Group Has Seen 'Considerable Change' With Leader's Exit: Memo

'I recognize that these teams have experienced considerable change in the recent months. That's why I'll be working directly with the leadership teams to refine our AI strategy and ensure consistent execution of our advanced technology road map,' Intel's CEO says in a memo. When Intel CEO Lip-Bu Tan announced the departure of AI leader Sachin Katti to employees Monday, he admitted that the Katti-led AI and advanced technologies teams "have experienced considerable change in recent months," CRN has learned. Katti -- who Tan appointed to lead Intel's AI strategy and road map as chief technology and AI officer in April -- said on X the same day that he is taking a job at OpenAI to build out compute infrastructure for the ChatGPT creator's artificial general intelligence ambitions. [Related: AMD Sees 'Very Clear Path' To Double-Digit Share In Nvidia-Dominated Data Center AI Market] Katti's exit came not long after he detailed Intel's new strategy for challenging Nvidia's dominance of the AI infrastructure market. The chipmaker has struggled for more than a decade to define and execute a successful accelerated computing strategy, most recently reflected by its failure to meet a modest, $500 million revenue goal for its Gaudi chips last year. In a Monday memo seen by CRN, Tan told staff that he will assume leadership of the AI Group and Intel Advanced Technologies Group that were previously led by Katti, explaining that his decision was motivated by recent changes felt by the teams. Tan said his oversight of the groups was "effective immediately." "I recognize that these teams have experienced considerable change in the recent months. That's why I'll be working directly with the leadership teams to refine our AI strategy and ensure consistent execution of our advanced technology road map," he wrote. Referring to AI as "one of Intel's most important priorities and most exciting areas of opportunity," Tan said these opportunities exist "not only in traditional general-purpose computing" -- referring to CPUs -- "but also in the emerging realms of inference workloads driven by agentic AI and physical AI." "To capture these opportunities, we must move decisively, leveraging our scale and ecosystem to establish Intel as the compute platform of choice for the next generation of AI-driven workloads," Tan wrote in the memo. Intel did not respond to a request for comment by press time. A company statement to CRN on Monday echoed Tan's comment about Intel's commitment to AI. While Tan's memo did not discuss other changes to the AI and advanced technologies teams, the leadership shake-up came days after one of Katti's direct reports, data center AI executive Saurabh Kulkarni, left Intel for a job at AMD, as CRN reported last Thursday. Kulkarni, who had been vice president of data center AI product management since July of last year, announced on LinkedIn Monday that AMD hired him as an executive with a similar title that puts him in charge of charge of GPU product management. Anil Nanduri, vice president of AI go-to-market at Intel, has taken over Kulkarni's leadership responsibilities for the chipmaker's AI product management organization, according to Intel. The departures of Katti and Kulkarni came a few months after Tan appointed two outsiders to lead AI engineering efforts amid restructuring efforts pushed by the CEO. Jean-Didier Allegrucci, a former longtime chip designer at Apple, was named vice president of AI system-on-chip engineering. Shailendra Desai, another former Apple chip designer who also worked at Google, was given the role of vice president of AI fabric and networking. Tan's move to take direct control of Intel's AI and advanced technologies teams is the second time in as many months that he has used an executive departure to make more organizational changes on top of the restructuring initiatives he pushed earlier in the year. The chief executive, who joined Intel in March, has sought these changes to cut down on what he referred to in April as "organizational complexity and bureaucratic processes [that] have been slowly suffocating the culture of innovation we need to win." When Tan announced last month the departure of Rob Bruckner, an engineering leader he turned into a direct report in April, the CEO said he was merging Brucker's team, the Platform Engineering Group, with another division, the Silicon Engineering Group. Mike Hurley, who had been leading the latter group as another new direct report for Tan, was tapped to lead the combined organization. "Those two teams already work closely together, and this change creates an opportunity for us to further strengthen our collaboration by bringing the teams together under a single leader," Tan wrote in an October memo, as CRN reported at the time. Tan made his first big restructuring move in April by shaking up his executive leadership team to create what he called a "flatter structure." On top of making Bruckner, Hurley and another engineering leader direct reports, Tan did the same for the company's business unit leaders, who had reported to Intel Products CEO Michelle Johnson Holthaus for a short period. Holthaus, a longtime executive who was given the role only last December, left Intel in September. Among those business unit leaders was Katti, who had led Intel's Networking and Edge Group since 2023 and was given the additional role of chief technology and AI officer as part of Tan's move to flatten the company's management structure. In offering the new role to Katti, Tan gave the executive responsibilities for Intel's AI systems and GPU product management team by breaking it out of the business unit that had been known as the Data Center and AI Group since 2021. At the same time, Tan directed the business unit to refocus on server CPUs under an older name, the Data Center Group. In a memo Katti sent to employees back in April, the executive said that he would "lead the strategy, definition and execution for our data center accelerator portfolio as well as product positioning and customer engagements." Katti also took on responsibilities for other teams encapsulating systems architecture and engineering, Intel Labs, systems architecture and engineering, software ecosystem enablement, developer relations and Intel Cloud Services. Months later, the leader of the software ecosystem enablement team, Melissa Evers, said in a July LinkedIn post that she was impacted by Intel's mass layoffs that impacted 15 percent of the company's workforce. Hannah Kirby, the leader of the developer relations execution team, also announced her departure from the company that month. When Tan announced the layoffs in late July, he said that the move allowed Intel to reduce the number of management layers by about 50 percent. Last month at the 2025 OCP Global Summit, Intel revealed a 160-GB, energy-efficient data center GPU that is part of a new annual GPU release cadence to deliver on its new strategy of providing open systems and software architecture for AI systems. Katti detailed this strategy at an Intel press event in September, saying that it will involve cost-effective systems with multiple processor components designed to address different aspects of agentic AI workloads -- namely the "pre-fill" and "decode" stages. Noting that Chinese AI startup DeepSeek popularized the concept of separating the pre-fill and decode stages in a large language model for inference, Katti said compute-optimized GPUs are better suited for the former while the latter gets more benefit from GPUs that have the "highest memory bandwidth possible." A similar approach was touted by Nvidia when it announced in September the upcoming Rubin CPX as a "new class of GPU" that is meant to work alongside the vanilla Rubin GPU in a single system, with the former handling pre-fill and the latter handling decode. "If we can build such a heterogeneous infrastructure, then we can optimize that performance-per-dollar by making sure that the right part of that agentic workload runs on the right priced hardware with the right performance and delivers that overall system level performance per dollar that customers need," Katti said in September. He said this will be made possible by an "open software approach" that supports multiple infrastructure vendors and won't require developers to "change any of their habits." As an example, Katti said Intel has tested systems that run the pre-fill stage of a large language model on an Nvidia GPU and the model's decade stage on an Intel accelerator chip. This allowed the company to achieve a 70 percent improvement in performance per dollar "compared to the homogenous systems out there today," he added. "That's the strategy: We will be building scalable heterogeneous systems that deliver that zero-friction experience to agentic AI workloads and can deliver on the best performance-per-dollar for these workloads by leveraging this open heterogeneous architecture," Katti said.

Intel's AI Chief Sachin Katti Gets Poached by OpenAI, Raising Doubts About Team Blue's Future in the AI Industry

Intel's CTO and AI chief, Sachin Katti, has left the company and has now joined OpenAI to power the company's push towards AGI, but interestingly, he has left his former firm in a very 'uncertain' stage. Intel has been under massive restructuring ever since CEO Lip-Bu Tan took over, and one of the more optimistic moves by the company was appointing Sachin as the company's CTO and AI chief. For those unaware, Sachin has been leading Intel's AI strategy in recent times, and the last time we did see him was back at the Intel Tech Tour, where he announced the company's roadmap for a 'comeback' in the AI race. However, just months after his post as Intel's CTO, Sachin Katti has revealed his switch to OpenAI, where he will be "designing and building compute infrastructure" of the AI giant. Based on what CRN says, the position of AI chief would now be overseen directly by CEO Lip-Bu Tan. This does put the company's future in the industry under uncertainity, given that announcements by former CTO Sachin Katti at the ITT were centered around the company's AI roadmap, and also under his leadership, Intel showcased their inference-focused 'Crescent Island' solution, which featured 160 GB of memory, offering energy-efficient performance. We will have to see whether Intel's CEO, Lip-Bu Tan, has a similar approach to Intel's AI business. However, the departure of Sachin Katti will likely leave a strain on the company's operations. Intel's AI strategy has been underperforming ever since the rise of the technology. Since the time of former CEO Pat Gelsinger, the firm was looking to capitalize on the inference segment, despite 'training' being the hype. Now, as AI inference gains demand, Team Blue still hasn't presented a credible solution, which raises concerns about what the company plans to achieve in the upcoming months. We do know that Intel has an "annual product cadence" in place, with Jaguar Shores coming next, but with Sachin Katti and other executives from multiple divisions leaving Team Blue, it appears that the internal optimism defintely lacks. For now, Intel's main priority is boosting shareholder value, which the company has achieved through partnerships with NVIDIA, SoftBank, and the Trump administration. However, when it comes to the consumer and AI segments, Team Blue appears to lag behind.

Intel CEO Lip-Bu Tan Takes Charge Of AI Strategy At Chipmaker After CTO Sachin Katti Departs For ChatGPT-Parent OpenAI - Intel (NASDAQ:INTC), ARM Holdings (NASDAQ:ARM)

Intel Corporation (NASDAQ:INTC) CEO Lip-Bu Tan will personally oversee the company's artificial intelligence initiatives after CTO Sachin Katti left the chipmaker to join OpenAI. Intel CTO Sachin Katti Leaves For OpenAI Katti, who had led Intel's AI efforts since a management reshuffle in January, announced on X, formerly Twitter, that he had joined OpenAI. Intel thanked Katti for his contributions, stating, "Lip-Bu will lead the AI and Advanced Technologies Groups, working closely with the team," reported Reuters. "AI remains one of Intel's highest strategic priorities, and we are focused on executing our technology and product roadmap across emerging AI workloads," the company stated. ChatGPT-maker's president Greg Brockman praised Katti's new role, noting that he will be "designing and building our compute infrastructure, which will power our AGI research and scale its applications to benefit everyone." See Also: Ming-Chi Kuo Says Elon Musk's AI Chip Strategy Is No Bluff -- Tesla's Plan To Build Its Own Fabs Marks A Major Shift Away From TSMC: Here's Why Intel's AI And Chip Challenges Amid Executive Departures Katti's exit is part of a broader trend of top executives leaving Intel since Tan took over in March and initiated a turnaround strategy. The company has struggled to attract major customers for its contract manufacturing business. It faces stiff competition from Nvidia Corporation (NASDAQ:NVDA) and Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) in the AI chip space. While Intel's central processors are used in AI server systems, the company has yet to produce a data center AI chip that rivals the performance of Nvidia's offerings. Leadership Restructuring And External Hires Tan has restructured Intel's leadership, flattening the hierarchy and promoting internal executives. Naga Chandrasekaran, formerly in charge of Intel's manufacturing subsidiary, now has expanded responsibilities for external contract manufacturing. Intel has also brought in new talent from outside, including former Arm Holdings (NASDAQ:ARM) executive Kevork Kechichian to oversee the data center unit. On Monday, Intel also appointed Craig H Barratt, Ph.D., 63, to its board of directors, effective immediately. Barratt will serve as an independent director, the company said. Intel Reports Modest Revenue Growth In Third Quarter Intel reported third-quarter revenue of $13.65 billion, beating analyst expectations of $13.14 billion. Adjusted earnings were 23 cents per share, well above estimates of one cent. Year-over-year growth was modest across segments: Client Computing Group rose 5% to $8.5 billion, Data Center and AI slipped 1% to $4.1 billion, All Other climbed 3% to $1 billion, Intel Products grew 3% to $12.7 billion, and Intel Foundry fell 2% to $4.2 billion. Intel stock has climbed 90.16% year to date, with Benzinga's Edge Stock Rankings indicating a strong upward trend across short, medium and long-term time frames. Click here for a detailed comparison of Intel's performance against its industry peers and competitors. Read More: Tesla Investor Ross Gerber Says 'Super Sad' To See Federal EV Subsidies End: 'Credits Created...' Photo by Tada Images via Shutterstock Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. ARMARM Holdings PLC$155.281.90%OverviewINTCIntel Corp$38.310.47%NVDANVIDIA Corp$199.996.29%TSMTaiwan Semiconductor Manufacturing Co Ltd$295.803.25%Market News and Data brought to you by Benzinga APIs

Intel AI Leader Sachin Katti Decamps To OpenAI

Intel CEO made Katti the company's chief technology and artificial intelligence officer in April. Sachin Katti, Intel's chief technology and artificial intelligence officer, is leaving the chipmaker for ChatGPT creator OpenAI. Katti will work on building out OpenAI's compute infrastructure for artificial general intelligence, a theoretical form of AI akin to human intelligence, according to a post the executive published on the X social media network. "Very grateful for the tremendous opportunity and experience at Intel over the last 4 years leading networking, edge computing and AI," Katti said in his post. [RELATED: Exclusive: Intel Is Losing A Data Center AI Executive To AMD] CRN has reached out to Intel and San Francisco-based OpenAI for comment. OpenAI President and co-founder Greg Brockman posted on X that he is "incredibly excited to work with him on designing and building our compute infrastructure, which will power our AGI research and scale its applications to benefit everyone." Lip-Bu Tan, CEO of Santa Clara, Calif.-based Intel, appointed Katti to the role in April, adding to Katti's responsibilities as leader of the Network and Edge Group, which he has done since early 2023, a little more than a year after he joined Intel. Katti is an adjunct professor of electrical engineering and computer science at Stanford University, where he has worked on several research projects related to technology, including one on "delivering visibility and operational automation for [machine learning] at the edge." He was previously co-founder and CEO of Kumu Networks, a Sunnyvale, Calif.-based company that sought to revolutionize the way wireless systems are built, according to his LinkedIn account. Other executives to announce their departure from Intel in recent days include former Global Channel Chief John Kalvin, Vice President of Data Center AI Product Management Saurabh Kulkarni and 25-year company veteran Rob Bruckner, whom Intel's CEO appointed to lead the Platform Engineering Group.

Intel's AI Chief Sachin Katti Joins OpenAI to Lead Next-Gen Compute Efforts

OpenAI Hires Intel's AI Chief Sachin Katti to Build Its Own Chips and Step Ahead in the Global AI Race Sachin Katti, Intel's Chief Technology and AI Officer, has left the company to join OpenAI, the maker of ChatGPT. Intel announced that its CEO, Lip-Bu Tan, will personally oversee the company's AI and Advanced Technologies Groups. His move marks a big change in the tech industry, as both Intel and OpenAI compete to lead in artificial intelligence (AI) development. Katti had served around four years at Intel, rising to the role of Chief Technology and AI Officer earlier this year. His will see him leading the design and build of compute infrastructure that supports advanced AI models and artificial general intelligence (AGI). Intel described the change in leadership by thanking Katti for his contributions and reaffirmed that AI remains one of its highest strategic priorities. Meanwhile, OpenAI President Greg Brockman posted a public welcome, saying he is "incredibly excited to work with him on designing and building our compute infrastructure."

Intel AI chief leaves for OpenAI infrastructure role By Investing.com

Investing.com-- Intel's chief technology and artificial intelligence officer, Sachin Katti, left the chipmaker for a compute infrastructure at OpenAI, he said in a social media post. Katti will work on "building out the compute infrastructure for (artificial general intelligence)" at OpenAI, the executive said in a post on X. OpenAI president and co-founder Greg Brockman also confirmed the move in a social media post. The move comes as OpenAI builds out the data center infrastructure that powers its AI programs. The ChatGPT maker has committed hundreds of billions of dollars to acquiring more computing capacity, and also has plans to sell computing capacity. Intel (NASDAQ:INTC), meanwhile, is struggling to find its footing after largely lagging rivals such as NVIDIA Corporation (NASDAQ:NVDA) and AMD (NASDAQ:AMD) in capitalizing on the AI boom of the past three years.

Intel CEO to oversee its AI efforts after executive departs for OpenAI

SAN FRANCISCO (Reuters) -Intel said on Monday its CEO Lip-Bu Tan would oversee the chipmaker's artificial intelligence efforts after the firm's chief technology officer departed for ChatGPT maker OpenAI. Sachin Katti, who has led Intel's AI efforts since a management reorganization at the chipmaker in January, said on social media site X that he had joined OpenAI. "We thank Sachin for his contributions and wish him all the best. Lip-Bu will lead the AI and Advanced Technologies Groups, working closely with the team," Intel said in a statement. "AI remains one of Intel's highest strategic priorities, and we are focused on executing our technology and product roadmap across emerging AI workloads," the company added. OpenAI President Greg Brockman said on X that Katti would be "designing and building our compute infrastructure, which will power our (artificial general intelligence) research and scale its applications to benefit everyone." OpenAI did not immediately respond to a request for comment. (Reporting by Stephen Nellis, Jeffrey Dastin and Max Cherney in San Francisco;)