In 2005, former Intel CEO Paul Otellini's proposal to acquire NVIDIA for USD 20 billion was rejected, despite awareness of NVIDIA's potential in data centers.
After rejecting the NVIDIA acquisition, Intel shifted focus to the internal Larrabee project, which combined graphics with its traditional chip design but was discontinued in 2009.
Intel's later acquisitions, including Nervana Systems and Movidius, have not rivaled NVIDIA's importance in AI, which now boasts a market cap over USD 3 trillion.
Additionally, Intel missed a chance to invest in OpenAI between 2017 and 2018, despite multiple discussions about potential collaboration with the emerging organization.
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