Intel built its current enterprise by providing processors for personal computers over the last two decades. However, there are indications that the chip maker may no longer view PCs as its main priority. It’s begun to transition to emerging industries such as virtual reality and the Internet of Things. It recently unveiled a new type of VR headset as part of its drive towards a new course for its future.
During the Intel Developer Forum, PC World notes that a significant part of the event will involve showcasing drone technology, robotics, as well as new types of headsets used for VR. This is a substantial departure from past forums, wherein the focus had more to do with new processors to be used with computers and the corresponding laptops and PCs that will be equipping said chips.
In their place, technologies related to IoT are on display to showcase Intel’s capability in the sector as well as what it can offer data-sharing companies. The biggest example of the company’s shift away from the shrinking PC market, however, is its decision to restructure and lay off as many as 12,000 employees back in April.
Intel also showcased a VR headset prototype that it is hoping to market as the next generation of devices to experience VR with. The prototype is called “Project Allow,” The Wall Street Journal reports, and the chip-maker is partnering with Microsoft to make it happen.
Among the most notable features of the new headset is that it is intended to work even without high-performance computers or consoles, which is currently one of the biggest problems faced by devices like the “Oculus Rift” and “HTC Vive.” Thanks to “front-facing 3-D camera technology” that the device is equipped with, users will also supposedly be able to experience AR and execute commands via hand signals without the need for special peripherals.


ByteDance Eyes Iluvatar, Baidu AI Chips Amid China’s AI Push
Google Gemini Co-Lead Noam Shazeer Leaves for OpenAI Amid AI Talent Race
Apple Signals Product Price Hikes Amid Rising Memory Chip Costs
Meta Seeks Legal Shield From Child-Harm Lawsuits Amid KOSA Talks
Anthropic Restricts Global Access to AI Models After U.S. Security Review
SpaceX Stock Gets $175 Target as Analysts See Massive Growth Ahead
AI Memory Boom Sparks Global Chip Supply Crunch
Anthropic Officials Meet White House Over AI Model Outage
Elon Musk Becomes World's First Trillionaire After SpaceX IPO Surge
Samsung Gains Interest from BYD, Google, AMD as AI Chip Demand Strains TSMC Capacity
SK Hynix Shares Hit Record High After Shipping Next-Generation HBM4E AI Memory Samples
G7 Explores AI Access Deal With U.S. Amid Anthropic Restrictions
US Raises Concerns Over Possible ASML EUV Machine Transfer to China
Chinese Social Media Giant Xiaohongshu Eyes Hong Kong IPO at Over $70 Billion Valuation
SpaceX Surpasses Amazon in Market Value as Post-IPO Rally Accelerates 



