Intel and OpenAI CEOs Set to Meet to address Rising AI chip Consumer Demand [Video]

Two tech CEOs vying for more of the sophisticated processors required for artificial intelligence have convened for a brainstorming session, as the burgeoning market’s early leader reports another quarter of explosive growth.

The on-stage conversation between Intel CEO Pat Gelsinger and OpenAI CEO Sam Altman took place on Wednesday in a San Jose, California, convention center, just hours after Nvidia announced that its revenue for the November-January quarter had nearly doubled from the previous year.

During a daylong symposium, Intel, a Silicon Valley pioneer that has struggled in recent years, detailed its intentions to catch up with Nvidia.

Gelsinger began with an opening address explaining how he sees the heated demand for AI-equipped chips revitalizing his company in a surge he calls the “Siliconomy.”

OpenAI, a Microsoft-backed San Francisco startup, has emerged as one of technology’s brightest stars after introducing its most popular AI invention, ChatGPT, in late 2022.

Altman …