Intel hopes its new chip can be the future of AI. An executive explains how (www.cnn.com)

Intel has unveiled its new Core Ultra Series 3 chip, marking a pivotal moment in the company's strategy to regain dominance in the competitive chip market and position itself for future AI advancements. With a significant reliance on this chip, which is expected to be integrated into numerous laptops and even autonomous devices like robots, Intel aims to enhance both traditional performance metrics—such as battery life—and AI processing capabilities. This is essential for meeting the evolving needs of consumers who require different AI functionalities, from enhanced video conferencing to more efficient coding tools. Intel's commitment to pivoting towards AI-focused solutions comes amid challenges from rivals like AMD and Qualcomm, who are also advancing their own AI technologies. For example, AMD's recent announcements include chips capable of processing larger AI models directly on laptops, minimizing reliance on cloud computing. Despite facing stiff competition and having recently experienced a decline in market position, Intel’s positive stock performance and strategic endorsements from government investments signal a potential resurgence, with executives expressing optimism about the future of the company and its embedded technologies in emerging sectors like robotics.