Comment by thechao
6 days ago
I don't know what scale of "billions" you're talking about; but, Intel blew 1–2 billion on Larrabee. Even worse: Intel blew 5+ billion on mobile pre-iPhone. I remember when that team was shown the door — that's when we had to evaluate the early RGX GPUs as a backstop to try to win Apple's business; the RGX's were turds.
Penny-wise pound-foolish.
Bit of an aside but Larrabee didn't fail. Intel inexplicably abandoned the consumer GPU market but the same tech was successfully sold to enterprise customers in the form of Xeon Phi. Several of the largest supercomputing clusters have used them.
https://tomforsyth1000.github.io/blog.wiki.html#%5B%5BWhy%20...
Intel also wasted untold billions trying to compete with Qualcomm building cellular chips with lackluster results and the sold the division to Apple which has spent billions more just to end up with the lackluster C1 in the SE.