Intel CEO suggests chip issue may cause bigger slowdown

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Since last week the world's largest vendors have been rushing to address flaws found in Intel chips, with Intel's share price taking a hammering in the process.

Krzanich said that the collaboration of so many companies to the Spectre and Meltdown bugs had been "truly remarkable".

"We have no information these exploits have been used to obtain customer data", Krzanich said. And as far as Intel's individual efforts go, Krzanich mostly repeated what the company had previously announced - that updates for more than 90% of the products released in the last five years will arrive within a week.

"There is good reason for the industry's enthusiasm for 802.11ax", said the general manager of Intel Wireless Infrastructure Group, Smart & Connected Home Division, Doron Tal in an emailed statement. Intel has been working with Delft University of Technology in the Netherlands to build full quantum computing systems, he said.

Looking at AI's future, Krzanich announced a partnership with Ferrari North America to use Intel's AI technologies to apply data from the racetrack to enhance the experience for fans and drivers. Intel's new Immersive Media technology will give viewers the choice they have never had, of watching from any angle they want, any perspective from inside or outside the field, even within it.

While the earlier models were all about storing this data as a static commodity, now the data will move all around us at unimaginable speeds, Krzanich said.

Intel went big on autonomous driving on Monday, showcasing its first self-driving test vehicle and announcing a number of tie-ups with automakers to take the technology forward. SAIC is said to develop Levels 3, 4, and 5 autonomous vehicles based on Mobileye's technology.

Intel's CEO sold shares in his company several months after Google informed the chipmaker of a serious security problem affecting its products. The Volocopter achieved first flight in 2016, and Krzanich described his flight as "the smoothest, funnest ride" he'd ever experienced.

The best AI algorithms already use brain-like programs called simulated neural networks, which rely on parallel processing to recognize patterns in data-including objects in images and words in speech. While he didn't address the shakeup in Monday's keynote, Krzanich began his remarks by addressing the security issue head-on. The partnership will allow Intel to penetrate a lucrative market where restrictions have been placed on foreign firms.

Cloud-computing, virtual environments, multiuser servers-also used in data centres and enterprise environments-running these processors are also impacted. Krzanich added that more news about a new neuromorphic research prototype processor will be announced to research partners later this year.

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