Katti was deeply involved in Intel\u2019s push to develop competitive AI<\/a> software and chips to compete with dominant rivals Nvidia and AMD. He joined Intel in late 2021, and was promoted to chief technology and AI officer in April. <\/p>\n His move marks the second time this year that Intel has lost a top AI executive, after Justin Hotard, who led Intel\u2019s data centre and AI business, left to become chief executive of Nokia in the spring. <\/p>\n It comes after chief strategy officer Safroadu Yeboah\u2011Amankwah left over the summer. In September, Intel announced that Michelle Johnston Holthaus, former co-chief executive and head of Intel\u2019s chips business, would leave after more than 30 years at the company.\u00a0<\/p>\n Intel\u2019s failure to launch a competitive product to Nvidia\u2019s graphics processing units and capitalise on the AI boom in recent years has contributed to its financial woes. The chipmaker has spent billions of dollars on manufacturing facilities in the US while struggling to grow its revenue from chip sales.<\/p>\n Intel shares are up 73 per cent in the past six months\u00a0after the Trump administration took a 10 per cent stake in the company, which was followed by multibillion-dollar investments from Nvidia and SoftBank.<\/p>\n Silicon Valley has meanwhile been gripped by an AI talent war<\/a> as tech companies race to compete in the technology. <\/p>\n OpenAI president and co-founder Greg Brockman, in a post on X, said Katti would be working on \u201cdesigning and building our compute infrastructure\u201d.<\/p>\n The $500bn start-up has committed to some $1.4tn in spending on the infrastructure powering AI over the next eight years.<\/p>\n Recommended<\/p>\n
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