Protocol | Enterprise

Google Cloud helped design Intel’s newest data center chip

Mount Evans is Intel's first IPU data center chip, and Google Cloud, which played a role in its development, will be the first customer.

Pat Gelsinger,

Intel CEO Pat Gelsinger has a new data center chip.

Photo: Pau Barrena/Bloomberg

When Intel announced that it had turned to technology developed by longtime rival Arm for a new infrastructure processing unit called Mount Evans, it said the technology was co-developed by a cloud-service provider that it wouldn't name: until now.

Google Cloud is that design partner, and it has committed to deploying the technology inside its cloud data centers, Intel plans to announce Wednesday at its Innovation event.

Mount Evans is a chip unlike many of Intel's other designs — instead of running cloud computing apps itself, it helps the cloud providers run data centers more efficiently. Intel's IPU is more than a network controller, which routes traffic, Nick McKeown, Intel's vice president of communications and networking, told Protocol. Mount Evans figures out where the information belongs inside a data center.

"As traffic and data comes in from the networks, its job is to figure out where does it go to next," McKeown said. "It's a new class of devices; they're really kind of a central coordinating function steering traffic between various devices. For us at Intel, we think that for future data centers, these will be very prominent."

Mount Evans is Intel's first ASIC (application-specific integrated circuit) built under the company's IPU business, and it will support up to four Xeon processors that are running apps. Intel didn't say much more about the deal, or the development collaboration, except that it will also release a developer kit to simplify access to the tech in Google's data centers.

Intel rival Nvidia produces a similar chip it calls the data processing unit, or DPU. The explosive demand for cloud computing power has pushed companies to develop technology to help optimize apps with specialized computing requirements, such as machine learning.

Intel's IPU chips perform similar functions as Nvidia's DPUs, helping to offload some of the work performed by central processors onto other chips. Moving workloads onto specialized traffic controllers also helps cloud providers manage their systems more efficiently.

Separately Wednesday, Intel plans to introduce a new line of processors based on its Intel 7 process technology. The 12th-generation series will include 60 processors that will power designs running from high-performance desktops to thin and light laptops. The company said it was shipping about half of the new processors to PC makers, and it will launch the first six desktop chips Wednesday.

Protocol | Fintech

Crypto wallet maker Ledger gears up for battle with Dorsey’s Block

CEO Pascal Gauthier wishes Block’s CEO were still distracted with Twitter, but he’s still gunning for the big opportunity in securely stashing customers’ coins.

Ledger CEO Pascal Gauthier talked about Ledger’s strategy in an interview with Protocol.

Photo: Ledger

Ledger CEO Pascal Gauthier reacted with an odd mix of excitement and fear to news that Jack Dorsey was leaving Twitter to focus full-time on Square.

“Oh, shit,” was his immediate thought, he told Protocol. “I would have preferred him to stay with more companies and not focus on anything.”

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Benjamin Pimentel

Benjamin Pimentel ( @benpimentel) covers fintech from San Francisco. He has reported on many of the biggest tech stories over the past 20 years for the San Francisco Chronicle, Dow Jones MarketWatch and Business Insider, from the dot-com crash, the rise of cloud computing, social networking and AI to the impact of the Great Recession and the COVID crisis on Silicon Valley and beyond. He can be reached at bpimentel@protocol.com or via Signal at (510)731-8429.

In a tight labor market, businesses are competing for top talent, even as employees leave in droves. A record 4.4 million Americans resigned in September 2021 — the highest on record for nearly 20 years — ushering in what some call the Great Resignation. That same month, 65% of U.S. workers said they were looking for a new job.

Business leaders have to respond to mitigate the negative impacts of this disruptive churn, with 36% of CFOs saying they're very concerned about turnover remaining high indefinitely and weighing on revenue growth. The answers to this challenge should be informed by the root causes of employee dissatisfaction as well as retention drivers.

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Suneet Dua, PwC
As PwC’s US Products & Technology Chief Revenue and Growth Officer, Suneet Dua is responsible for driving more than $1 billion in product revenue and executing PwC’s product revenue strategy. He’s focused on driving innovation, delivering world-class, forward-thinking products and digitally upskilling the workforce and society at large. With 20+ years of technology, media and entertainment industry experience, he’s positioned as a catalyst for organizational transformation and delivers on the firm’s promise to solve the world’s most important problems. Additionally, he launched Salesforce and client-focused centers of excellence, such as our Cybersecurity centers in Israel, Singapore and India––all to improve the way PwC serves its clients. During his tenure as US Chief Product Leader, Suneet, and his team, played a critical role in designing and implementing digital tools that upskilled more than 55,000 of its US employees, which led to the development of PwC’s digital learning platform, ProEdge, that addresses the digital skills gap crisis facing today’s workforce. He also serves as a board member of PwC’s Trifecta Consulting (US, China, Japan and Mexico). Previously, Suneet served on PwC’s US leadership team and was Global Client Market Leader for PwC’s Global Network.
Protocol | Fintech

A legal brawl failed to uncover bitcoin’s fabled creator

Is Craig Wright Satoshi Nakamoto? A trial didn’t lead to an answer.

Craig Wright has claimed to be the creator of bitcoin.

Photo: Eugene Gologursky/Getty Images for CoinGeek

A legal battle was supposed to answer the biggest question in crypto: Who is Satoshi Nakamoto?

Well, that didn’t exactly happen. The identity of bitcoin’s fabled creator remains a mystery, despite high hopes that an unusual civil suit would lead to Nakamoto’s unmasking.

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Benjamin Pimentel

Benjamin Pimentel ( @benpimentel) covers fintech from San Francisco. He has reported on many of the biggest tech stories over the past 20 years for the San Francisco Chronicle, Dow Jones MarketWatch and Business Insider, from the dot-com crash, the rise of cloud computing, social networking and AI to the impact of the Great Recession and the COVID crisis on Silicon Valley and beyond. He can be reached at bpimentel@protocol.com or via Signal at (510)731-8429.

Snap CTO Bobby Murphy on embracing Apple’s AR glasses

Snap is building its own AR Spectacles, but the company also wants to embrace third-party devices.

Bobby Murphy wants Snap’s AR lenses to run everywhere — even on hardware made by competitors.

Photo: Getty Images for Snap Inc

Snap is all in on AR: The Snapchat maker has been building its own AR glasses, and is currently testing an early version with a small group of creators. Snap has also signed up 250,000 creators to build mobile-centric AR experiences through its Lens Studio platform, whose lenses have collectively been viewed over 3.5 trillion times.

Snap celebrated those milestones at its Lens Fest Tuesday, which the company also used to release a number of updates for both mobile and headworn AR. Snap CTO Bobby Murphy recently put that work in context in an interview with Protocol, in which he talked about the company’s progress in building AR Spectacles, why it isn’t focused on non-AR wearables anymore and why it ultimately also wants to build apps and experiences for AR devices made by its competitors.

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Janko Roettgers

Janko Roettgers (@jank0) is a senior reporter at Protocol, reporting on the shifting power dynamics between tech, media, and entertainment, including the impact of new technologies. Previously, Janko was Variety's first-ever technology writer in San Francisco, where he covered big tech and emerging technologies. He has reported for Gigaom, Frankfurter Rundschau, Berliner Zeitung, and ORF, among others. He has written three books on consumer cord-cutting and online music and co-edited an anthology on internet subcultures. He lives with his family in Oakland.

Discord launches paid channel memberships

The company’s new subscription tiers effectively broaden the creator economy to include people managing communities.

Select Discord server creators can start charging membership fees as part of a new pilot program.

Image: Discord

Creating and managing successful communities can be a lot of work. Now, Discord wants to make sure that the people doing this on its platform can also reap some rewards: The company launched a pilot program for premium memberships Tuesday that allows community creators to put parts or all of their servers behind a paywall.

“We want to make sure that running communities on Discord is more sustainable,” said Discord Engineering Director Sumeet Vaidya in an interview with Protocol.

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Janko Roettgers

Janko Roettgers (@jank0) is a senior reporter at Protocol, reporting on the shifting power dynamics between tech, media, and entertainment, including the impact of new technologies. Previously, Janko was Variety's first-ever technology writer in San Francisco, where he covered big tech and emerging technologies. He has reported for Gigaom, Frankfurter Rundschau, Berliner Zeitung, and ORF, among others. He has written three books on consumer cord-cutting and online music and co-edited an anthology on internet subcultures. He lives with his family in Oakland.

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