As some hockey player once said,"you miss 100% of the shots you don't take". Or in Intel's case, you miss out on buying a company that's currently, detailing how Paul Otellini, Intel's chief executive from 2005 to 2013, presented the board with an idea to buy a little computer graphics company called Nvidia.
Given some of the reveals here about Intel's corporate culture , it's perhaps no surprise that Intel was slow on the draw with this sort of future planning. Intel executives reportedly described the company as"the largest single-cell organism on the planet", a reference to the insular and single-minded corporate culture at the time.
But one aspect that keeps rearing its ugly head seems to be its approach to strategy and long-term planning, and potential acquisition deals that the company either turned down, or never bore fruit—particularly in regards to AI.in 2018, which at the time would have been a sizeable 15% share in the company. Now OpenAI is reportedly worth around $80 billion dollars, meaning that had Intel bought in, its investment would have multiplied in value by a factor of 12.