Intel Is Selling a Stake in Its AI Software Business -- Does That Make Intel Stock a Buy for 2024?

Intel (INTC 0.04%) just hit the market with some notable artificial intelligence (AI) news, and it didn't involve new AI chips trying to play catch-up to Nvidia. Rather, the latest announcement involves Intel's in-house generative AI software business, which is now being christened Articul8 AI.With some outside investment help from data center, cell tower, and internet infrastructure manager DigitalBridge Group, as well as a consortium of other investment firms, Intel has spun off Articul8 AI as a separate ...