INSUBCONTINENT EXCLUSIVE:
Intel Capital, the investment arm of the computer processor giant, is today announcing $72 million in funding for the 12 newest startups
to enter its portfolio, bringing the total invested so far this year to $115 million
intelligence, Internet of Things, cloud services, and silicon
A detailed list is below.Other notable news from the event included a new deal between the NBA and Intel Capital to work on more
collaborations in delivering sports content, an area where Intel has already been working for years; and the news that Intel has now
invested $125 million in startups headed by minorities, women and other under-represented groups as part of its Diversity Initiative
The mark was reached 2.5 years ahead of schedule, it said.The range of categories of the startups that Intel is investing in is a mark of
will play a central role, such as AI, IoT and cloud
Intel became a huge presence in the world of IT and early rise of desktop and laptop computers many years ago with its advances in PC
processors, but its fortunes changed with the shift to mobile, which saw the emergence of a new wave of chip companies and designs for
smaller and faster devices
For example, the Spectre security flaw (fixes for which are still being rolled out)
And some of the business lines where Intel was hoping to make a mark have not panned out as it hoped they would
Just last month, Intel shut down development of its Vaunt smart glasses and reportedly the entirety of its new devices group.The investments
possibilities that still have everything to play for
And given that, on balance, things like AI and cloud services still have a long way to go before being truly ubiquitous, there remains a lot
vice president and president of Intel Capital, in a statement
into 1,530 companies covering everything from autonomous driving to virtual reality and e-commerce and says that more than 660 of these
startups have gone public or been acquired
a rundown of the investments getting announced today
want to build products with manufacturers who can help them
This is a problem that has foxed many a startup (notable failures have included Factorli out of Las Vegas), and it will be interesting to
into something that a computer can read, making the data more actionable
data into the cloud and look for cost savings
Intel says its customers use its broadband solutions to run unified communications and data center applications to remote offices, cutting
costs by 70 percent and seeing big speed and reliability improvements.Espressif Systems, also based in China, is a fabless semiconductor
smartphones, providing analytics and more to the facility providing the services
working on something called Compact Light Source (CLS), which Intel describes as a miniature synchrotron X-ray source, which can be used for
either extremely detailed large X-rays or very microscopic ones
