Intel’s AI dreams slip further out of reach as it cancels its big data-center GPU hope, Falcon Shores

It’s no secret that Intel has been struggling on the AI front—its laggard status helped to fell CEO Pat Gelsinger two months ago—but the company made the extent of the problem crystal-clear on Thursday.

Intel was set to release a new AI chip called Falcon Shores late this year, to replace its Gaudi 3 accelerator chip. But interim co-CEO Michelle Johnston Holthaus said on an earnings call that this would no longer be happening, meaning customers will now need to wait for a later…