Welcome to the TechMeme right home for Monday, December 2nd, 2024. I'm Brian McCullough today.

Pat Gelsinger is out at Intel, so where do they go from here? The first announces from the

AWS Reinvent conference, more signs that crypto is in the ascendancy. Elon files to block

Open AI from going for profit. Is he the

greatest threat to that company right now? And a new startup taking on Nvidia. Here's what you

miss today in the world of tech. This is genuinely shocking news. Intel says CEO Pat Gelsinger has retired, effective yesterday,

December 1st, and he stepped down from its board. David Zinsner and Michelle Johnston Holt House

are now co-CEOs. Given the situation Intel is in right now, you have to imagine something

serious has had to have gone down to do this now or else.

Things inside Intel are worse than we know.

Quoting TechCrunch.

Zinsner is Intel's CFO and Holdhouse.

GM of Intel's Client Computing Group has been appointed to the newly created position of CEO of Intel Products,

a division spanning the chipmaker's Cl CEO of Intel Products, a division spanning

the chipmaker's client computing group, as well as its data center, AI network, and edge business.

Frank Yeri, independent chair of the board of Intel, will become interim executive chair during

the period of transition. Intel says that the leadership structure at Intel Foundry, its chip

design and manufacturing org remains unchanged,

and that the Intel board has formed a search committee to find a permanent successor to Gelsinger,

and quote.

Leading Intel has been the honor of my lifetime.

This group of people is among the best and brightest in the business, and I'm honored to call each and every one a colleague, Gelsinger said in a statement.

...