(VOR News) – Intel shares are expected to increase in value before the market opens on Tuesday after the chipmaker announced that its foundry unit would be producing some unique artificial intelligence processors for Amazon Web Services as part of its initiative to revitalise the company.

This announcement came before the market opened a day earlier. In an effort to revitalise the company, this announcement was made on the corporation’s behalf.

During the late hours of Monday night, CEO Pat Gelsinger sent out an email to all of the employees of Amazon, in which he made the revelation that Intel will develop an artificial intelligence fabric processor for the cloud services division of Amazon.

The foundry industry is where Intel will be building the chip in the future. In light of the difficulties that the foundry company is now experiencing,

Gelsinger said the company would become a subsidiary of Intel.

Gelsinger has stated that the formation of a subsidiary structure will make it feasible to gain access to significant benefits. This is something that will be attainable.

“It offers our external foundry customers and suppliers a more distinct separation and independence from the rest of Intel,” the company claimed in its release. “It is a significant innovation.”

Importantly, it also provides us the liberty to examine independent sources of funding in the future and to manage the capital structure of each company in order to foster growth and the generation of shareholder value. Both of these things are important. There is a correlation between the two of these factors and the generation of shareholder value.

Harlan Sur, who works for JP Morgan, is of the opinion that the next step that should be taken is to change the foundry firm into a subsidiary. He believes that this is the best and most appropriate course of action.

According to the analyst, “We believe this move is a natural progression to drive better transparency and decision making/efficiencies and therefore should not be viewed as a surprise,” which was written in a note that was distributed to clients. “We believe this move represents a natural progression.” “We believe this move should not be viewed as a surprise.”

As a result of the transition, Sur is of the opinion that it is possible that the corporation will be divided into various entities over the course of the coming several years.

Intel is a concept that Sur regards as feasible.

It has been suggested that a board of directors be constituted for the subsidiary in order to guarantee that the subsidiary would be managed by directors who are not affiliated with the parent company on any level.

In addition to that, Gelsinger offered an update on the several cost-cutting efforts that Intel is now doing through its various initiatives. There was an announcement made by the chief executive officer of the chip manufacturer at the end of the year, stating that the firm had achieved more than half of its aim of decreasing its workforce by around 15,000 employees.

The establishment of programs that enabled voluntary early retirement and separation on a voluntary basis was the means by which this was accomplished.

According to him, “difficult decisions” will still need to be taken, and by the middle of October, the staff members who will be affected by the issue will be informed about the situation. He went on to add that the situation will be communicated to them.

In addition, Intel intends to sell or part with around two-thirds of its real estate holdings located all over the world by the time the year comes to a close. The completion of this task will take place concurrently.

During premarket trading, the share price of Intel Corporation increased by more than seven percent when compared to the previous trading session.

SOURCE: AP

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The Supermoon and Harvest Moon in September 2024: When to See It

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(VOR News) – Not only is it September’s full “Harvest Moon” but it’s also a supermoon, meaning it’s a little bit bigger and brighter than a regular moon. This month is going to be extremely special if you are a person who observes the moon.

The International Space Agency (NASA) predicts that the full moon will occur on Tuesday, September 17, 2024, at 10:35 p.m. Eastern Daylight Time. For around three days, starting on Monday night and ending on Thursday morning, the moon will appear to be full. This is going to start on Monday night and go through Thursday morning.

The joy of witnessing the night sky will be increased by the partial lunar eclipse that occurs on the night of the full moon. This will be a fantastic chance for those who observe the night sky.

The term “harvest moon was applied to this moon by whom or what?

The full moon that falls on September 22, as per the calendar for this year, is the closest to the autumnal equinox. This specific moon is called the harvest moon.

For a very long time, the harvest moon has been associated with the time of year when crops need to be plucked from the fields. The harvest moon has been associated with this date.

“In the days before tractors with headlights, having moonlight to work by was crucial to getting the harvest in quickly before rain caused it to rot,” says Sky & Telescope magazine editor Alan MacRobert. The remark was directed at the necessity of having moonlight to work by. This was the exact same scenario in the days before headlights on tractors.

Farmers had to work after the sun set and were very busy during this time of year, according to NASA. The reason for this was that a lot of crops ripen in the late summer and early autumn. This meant that farmers had to work well after the sun had set. The harvest moon came about as a result of the realisation that moonlight was a necessary element of farming.

The National Aeronautics and Space Administration (NASA) states that the phrase “harvest moon” was initially used in print in 1706. The Oxford English Dictionary states that this data is currently accessible.

What does the word “supermoon” actually Harvest Moon mean?

A supermoon is a cosmic conjunction that occurs when the moon’s orbit puts it closer to Earth than it would normally be. This is the phenomenon’s scientific name.

The moon may appear slightly larger and brighter than it would normally be due to the phenomenon when anything like this occurs.

According to NASA’s announcement, “different publications use slightly different thresholds for deciding when a full moon is close enough to the Earth to qualify as a supermoon.” “Because the orbit of the moon is not a perfect circle, the moon is sometimes closer to Earth than at other times during its orbit.”

A supermoon is approximately 15% brighter and roughly 7% bigger than a regular full moon. Its brightness is also about fifteen percent greater.

The supermoons scheduled for October 17 and November 15 will follow the one that happened on September 17. There will be four supermoons in a row, with the present one being the second.

There’s also a partial lunar eclipse that happens in September during the full moon.

A lunar eclipse, according to the National Aeronautics and Space Administration (NASA), happens when the Earth’s shadow falls on the moon, turning it either pale or a brilliant crimson colour over a few hours.

We call this phenomenon a lunar eclipse. The partial lunar eclipse that is set to occur on September 17 will be the consequence of an unsatisfactory alignment of the sun, moon, and Earth. This means that only a small portion of the moon will be covered by the shadow projected by Earth.

On Tuesday at ten forty-four minutes past the hour, Eastern Time, we will witness the maximum eclipse. At that same instant, the entire upper eight percent of the moon will be completely obscured by shadow.

On March 14, 2025, there will be a total lunar eclipse that can be seen from the Americas. It is anticipated that this eclipse will occur soon.

 

SOURCE: USA

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Apple Debuted iOS 18 For iPhones Today. What’s New in Here?

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(VOR News) – On Friday, Apple will unveil its most recent iPhone models; but, beginning on Monday, iPhone owners who have devices that are compatible with iOS 18 will be able to update to the most recent version of the iPhone’s operating system.

The new version of the software that drives the iPhone will, according to the big picture, make it possible for users to have a larger degree of customisation, but they will have to wait for a future update in order to gain access to “Apple Intelligence,” which refers to the new artificial intelligence products that the company has.

When is the release date for Apple iOS 18?

According to the company, the new operating system that Apple has built will be accessible on September 16, just a few days before the launch of the new iPhone 16 smartphones on September 20. This information comes from the company.

On the first day of the year, at ten o’clock in the morning Pacific Time or one o’clock in the afternoon Eastern Time, the most recent software was made available to users. This was the case in the past. As a consequence of the first rush to upgrade, it is possible that download times will be extended.

Follow these steps to download the software: first, go to the settings menu on your iPhone; next, click “General”; and finally, select “Software Update.” Mobile devices that are compatible with iOS 18

The new operating system is compatible with a variety of devices, including the iPhone SE (second generation or later), as well as subsequent generations beginning with the iPhone XR in 2018.

Principal features of Apple iOS 18

Taking a more in-depth look: Apple’s mobile devices receive new capabilities as a result of the iOS upgrade, which is a new tradition that takes place every year during autumn. Among these characteristics are:

There are further customisation choices available for the Home Screen, Lock Screen, and Control Centre of the device.

A makeover is now being implemented in the Photos app with the intention of simplifying the process of managing large collections and preventing the display of items that are not necessary, such as screenshots and receipts.

There will also be an increase in the level of personalisation that is available for messages. For example, users will have the opportunity to schedule a message, respond quickly to any emoji, or add text effects.

Rich Communication Services (RCS) messaging functionality will also be added to the upgrade, as stated by Apple. This version of the update would “bring rich media and delivery and read receipts for those who do not use iMessage.”

Nevertheless, the green message bubble that appears on the screen of iPhone users when they are sending a text message to a person who is using an Android phone will not vanish any time soon.

In the meanwhile, Apple has a webpage as well as a document that is 22 pages long and details the new and impending features. Both of these documents can be seen on their website.

What Apple’s intellect is like?

What comes next: Apple’s artificial intelligence features, which were initially presented in June, will be accessible in beta form the following month. However, they will only be available in English, which is the language spoken in the United States.

This function, which is referred to as “Apple Intelligence,” provides assistance with writing, summarizing, and photo editing through the use of artificial intelligence.

However, when it is published, it will only be accessible for iPhone 15 Pro models, iPhone 16 and later models with Siri, and devices with the device language set to U.S. English.

This is because Siri is only available on those smartphones. The fact that it will not be accessible on all iPhones is indicated by this.

It is projected that a number of other features, including the Image Playground art generator and AI-generated custom emoji, will be launched by the end of the year. On the other hand, it is anticipated that other features will not be available until 2025, as stated by Ina Fried of Axios.

SOURCE: AXIOS

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