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Intel is looking to streamline operations by selling its connected home division - Business Insider

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Intel is reportedly looking for a buyer for its connected home division:

In particular, Intel has invested in AI processing technologies that can be used across segments such as big cloud, IoT, edge computing, and computer vision. IDC that global spending on AI systems will reach $97.9 billion in 2023, over twice as much as the $37.5 billion expected in 2019. Intel alone expects to generate over $3.5 billion in "AI driven data-centric revenue" in 2019, according to its Q3 earnings report.

However, Intel needs to invest heavily in research to maintain a competitive edge in this space: In 2018, Amazon followed Google's lead in developing its own chips for cloud processing, Wired. These sorts of threats could push Intel out of a segment it's banking on for future growth, especially after it ceded the mobile space to the likes of Qualcomm and Apple.Connectivity & Tech Pro

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