Latest news with #Katti
Time of India
28-05-2025
- Business
- Time of India
Katti clan's grip slips in Belagavi as Jolle-Jarkiholi duo steps in
Belagavi: The political legacy of the late Umesh Katti, once a towering figure in Hukkeri and the broader Belagavi district, is fast unravelling. In the six months since his passing, the Katti family has seen its control over key cooperative institutions steadily dismantled by a powerful alliance between the Jarkiholi and Jolle families. The shifting tide became evident after the 2024 Lok Sabha elections. Ramesh Katti, former MP and brother of Umesh Katti, had lobbied for a BJP ticket from Chikkodi but was overlooked in favour of incumbent MP Annasaheb Jolle. Miffed by the party's decision, Katti stayed away from the campaign — an absence widely perceived to have contributed to Jolle's eventual defeat. Since then, political rivalry between the families has only intensified. The Jolle-Jarkiholi combine first struck in Nov 2024, engineering a change of guard at the influential Belagavi District Central Cooperative (BDCC) Bank. Ramesh Katti, who helmed the bank for 25 years, was forced to resign amid growing pressure. The move was spearheaded by Annasaheb Jolle and Arabhavi MLA Balachandra Jarkiholi. Two months later, they turned their sights on Hiranyakeshi Cooperative Sugar Factory in Sankeshwar, which had been under the Katti family's stewardship since 1995. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 5 Books Warren Buffett Wants You to Read In 2025 Blinkist: Warren Buffett's Reading List Undo In Jan, seven of the factory's 10 directors switched loyalties to the Jolle camp. Facing a no-confidence vote, Nikhil Katti — Umesh's son — resigned as chairman. The coup was aided by local Congress leaders AB Patil and Shashikant Naik. Last week, the Kattis suffered yet another setback — this time at the Hukkeri Rural Electric Cooperative Society Ltd, a nationally significant institution established in 1968. The family had controlled the society for 27 years. But with 15 board directors aligning with the Jolle-Jarkiholi camp and facing a no-confidence motion, current chairman Kalagonda Patil stepped down pre-emptively. The alliance has now taken over three major institutions in half a year — the BDCC Bank, the Hiranyakeshi Sugar Factory, and the Hukkeri Electric Cooperative Society. Members from both factions suggest the next battlegrounds include the Agriculture Produce Marketing Committee (APMC), the Primary Land Development (PLD) Bank, and various taluk-level cooperative societies in Sankeshwar and Hukkeri. Former minister Shashikant Naik, a longtime critic of the Katti family, told TOI that the shift in public and institutional support is long overdue. "The sand beneath the feet of the Katti family is shifting now," Naik said. "Kattis were dominant because people had no better or stronger option. They have that now in the Jarkiholi and Jolle team. The Kattis weakened cooperative institutions like the sugar factory and electric cooperative society. I won't shy away from saying it was also my fault. I could not oppose their wrongdoings strongly enough at that time."
Business Times
25-04-2025
- Business
- Business Times
Intel CEO Tan Lip-Bu flattens leadership structure, names new AI chief: memo
[SAN FRANCISCO] Intel's new CEO, Tan Lip-Bu, is flattening the semiconductor giant's leadership team, with important chip groups reporting directly to him, according to a memo from Tan seen by Reuters. Intel has also promoted networking chip chief Sachin Katti to be chief technology officer and artificial intelligence (AI) chief, according to the memo. The leadership changes are the first major move under Tan, who took the top job last month, to turn around the venerable Silicon Valley chipmaker after years of problems. Intel's data centre and AI chip group, as well as its personal-computer chip group, will report directly to Tan. They previously were overseen by Michelle Johnston Holthaus, who remains chief executive of Intel products and whose work will expand to new areas. 'I want to roll up my sleeves with the engineering and product teams so I can learn what's needed to strengthen our solutions,' Tan wrote. 'As Michelle and I drive this work, we plan to evolve and expand her role with more details to come in the future.' The shakeup by Tan, who has promised a leaner version of the storied American chipmaker, follows an extended period of turmoil at Santa Clara, California-based Intel. BT in your inbox Start and end each day with the latest news stories and analyses delivered straight to your inbox. Sign Up Sign Up The previous chief left last year after disagreements with its board of directors over how to turn the company around after years of manufacturing and product missteps. A top challenge is confronting the rise of Nvidia, which has become the dominant supplier of AI chips. Becoming 'engineering-focused' Despite acquiring several AI chip startups, Intel failed to settle on a coherent strategy to challenge Nvidia, and in January shelved its most recent attempt, a chip called Falcon Shores. Developing the new AI strategy will now fall to Katti. Tan's e-mail says Katti 'is expanding his responsibilities to include the role of chief technology and AI officer for the company. As part of this, he will lead our overall AI strategy and AI product roadmap, as well as Intel Labs and our relationships with the startup and developer ecosystems'. Katti, who is also a professor at Stanford University, will succeed Greg Lavender, who is retiring from Intel, according to the memo. In recent years, Intel's executive team had included many business unit leaders, with technical leaders often layers below the CEO. Tan's memo said that three longtime technical executives – Rob Bruckner, Mike Hurley and Lisa Pearce – will now report to Tan. 'This supports our emphasis on becoming an engineering-focused company and will give me visibility into what's needed to compete and win,' Tan wrote in the memo. The memo follows Tan's public comments that he aimed to trim layers of management from the company so that executive leadership would work more closely with its engineers. 'It's clear to me that organisational complexity and bureaucratic processes have been slowly suffocating the culture of innovation we need to win,' Tan said in the memo. 'It takes too long to make decisions. New ideas are not given room or resources to incubate. And unnecessary silos lead to inefficient execution.' REUTERS
India.com
22-04-2025
- Business
- India.com
Meet Indian man, appointed as Intel's CTO and AI Chief, know his journey from Belgavi to Silicon Valley, he is
Indian-origin Sachin Katti has been appointed as the Chief Technology Officer (CTO) and AI Chief at Intel Corporation. He was born in Belagavi, Karnataka. Intel's new CEO, Lip-Bu Tan, has been making changes to the company's leadership team. As part of restructuring, Sachin Katti was appointed to the roles of CTO and AI Chief. Before this, Katti was not part of Intel but joined through his work in startups. Who Is Sachin Katti? He had founded a startup named as Uhana which was focused on creating real-time AI solutions for mobile networks. The company was later acquired by VMware. Katti worked as Senior Vice President (SVP) and General Manager of the Network and Edge Group in Intel. He focused on improving network infrastructure and developing intelligent solutions. Katti had also founded Kumu Networks, a company which was working on full-duplex radio technology and a system of radios to send and receive signals simultaneously. Katti made the world's first commercial full-duplex radio, which gave him $45 million in funding. Sachin Katti Educational Qualification Sachin Katti was born in Belagavi, Karnataka, into a family of doctors. He graduated from IIT Bombay in 2003 and did his MS and PhD from the Massachusetts Institute of Technology (MIT). His brother, Amit Katti, a urologist, once mentioned how a school principal had inspired Sachin and other students to prepare for started preparing for it from sixth grade. Sachin Katti has been involved in AI advancements like his company Uhana's Deep Learning for Carrier Networks utilized deep learning and real-time AI to enhance performance in carrier networks and applications. Katti's latest research was on ML-EXray, a solution for deploying machine learning applications at the edge. This system improves operational processes and provides enhanced monitoring capabilities for edge-based machine learning implementations.
Yahoo
18-04-2025
- Business
- Yahoo
Intel CEO Lip-Bu Tan flattens leadership structure, names new AI chief, memo says
(Corrects paragraph 4 to show that Michelle Johnston Holthaus remains chief executive of Intel products) By Stephen Nellis SAN FRANCISCO (Reuters) -Intel's new CEO, Lip-Bu Tan, is flattening the semiconductor giant's leadership team, with important chip groups reporting directly to him, according to a memo from Tan seen by Reuters. Intel has also promoted networking chip chief Sachin Katti to be chief technology officer and artificial intelligence chief, according to the memo. The leadership changes are the first major move under Tan, who took the top job last month, to turn around the venerable Silicon Valley chipmaker after years of problems. Intel's data center and AI chip group, as well as its personal-computer chip group, will report directly to Tan. They previously were overseen by Michelle Johnston Holthaus, who remains chief executive of Intel products and whose work will expand to new areas. "I want to roll up my sleeves with the engineering and product teams so I can learn what's needed to strengthen our solutions," Tan wrote. "As Michelle and I drive this work, we plan to evolve and expand her role with more details to come in the future." The shakeup by Tan, who has promised a leaner version of the storied American chipmaker, follows an extended period of turmoil at Santa Clara, California-based Intel. The previous chief left last year after disagreements with its board of directors over how to turn the company around after years of manufacturing and product missteps. A top challenge is confronting the rise of Nvidia, which has become the dominant supplier of AI chips. BECOMING 'ENGINEERING-FOCUSED' Despite acquiring several AI chip startups, Intel failed to settle on a coherent strategy to challenge Nvidia, and in January shelved its most recent attempt, a chip called Falcon Shores. Developing the new AI strategy will now fall to Katti. Tan's email says Katti "is expanding his responsibilities to include the role of chief technology and AI officer for the company. As part of this, he will lead our overall AI strategy and AI product roadmap, as well as Intel Labs and our relationships with the startup and developer ecosystems." Katti, who is also a professor at Stanford University, will succeed Greg Lavender, who is retiring from Intel, according to the memo. In recent years, Intel's executive team had included many business unit leaders, with technical leaders often layers below the CEO. Tan's memo said that three longtime technical executives - Rob Bruckner, Mike Hurley and Lisa Pearce - will now report to Tan. "This supports our emphasis on becoming an engineering-focused company and will give me visibility into what's needed to compete and win," Tan wrote in the memo. The memo follows Tan's public comments that he aimed to trim layers of management from the company so that executive leadership would work more closely with its engineers. "It's clear to me that organizational complexity and bureaucratic processes have been slowly suffocating the culture of innovation we need to win," Tan said in the memo. "It takes too long to make decisions. New ideas are not given room or resources to incubate. And unnecessary silos lead to inefficient execution."
