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Before the appointment, former SK Hynix CEO was chosen to lead the packaging business; Intel's stock price surged 10% to a record high.
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``` Before the appointment, former SK Hynix CEO was chosen to lead the packaging business; Intel's stock price surged 10% to a record high. ```

``` Intel is accelerating the restructuring of its foundry division to target the AI chip manufacturing market. According to Reuters, the company on Thursday appointed former SK Hynix CEO Seok-Hee Lee as Executive Vice President of the foundry division, reporting directly to CEO Pat Gelsinger, and responsible for advanced packaging, system
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Google and Microsoft join forces to launch a new protocol as traditional tech giants use standards battles to encircle Anthropic and OpenAI.

Google and Microsoft join forces to launch a new protocol as traditional tech giants use standards battles to encircle Anthropic and OpenAI.

``` Traditional tech giants such as Google and Microsoft are joining forces to build a new technological barrier, aiming to thwart OpenAI and Anthropic’s aggressive expansion in the enterprise AI market. On June 18, according to The Information, Google, Microsoft, Salesforce, Snowflake, ServiceNow, and other companies jointly announced their support
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