Intel : Accelerates AI Innovation with 3 New Intel Capital Investments
June 15, 2017 at 03:54 am IST
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Intel envisions artificial intelligence (AI) as the driver for the next big wave of computing that will transform the way businesses operate and how people engage in every aspect of life. There is an enormous opportunity to make AI accessible to every industry, and as a data company, it is imperative that Intel delivers solutions that create, use and analyze the massive amounts of data that are generated each and every minute.
Intel is accelerating AI innovation industrywide through Intel Capital investments announced this week in three companies: CognitiveScale, a provider of industry-specific machine intelligence software; AEye, a robotic vision pioneer; and Element AI, a Toronto-based artificial intelligence company that delivers AI solutions.
As we proceed toward realizing the promise and opportunity offered by AI, Intel is aggressively investing in the best minds in the industry that bring the skills and technology necessary to accelerate complex, data-intensive processes. Each of these companies is involved in furthering innovations with AI - ranging from robotics and autonomous vehicles to machine intelligence software and an AI research lab - with the premise of solving our most daunting challenges by accelerating large-scale problem-solving, unleashing new scientific discovery, extending our human senses and capabilities, and relieving us of the burden of tedious or dangerous tasks.
Intel Capital has current investments in more than two dozen AI portfolio companies and was recently named by TechCrunch among the '15 venture capital funds to know if you're working on a machine intelligence startup.'
Intel Corporation published this content on 14 June 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 14 June 2017 22:24:15 UTC.
Original documenthttps://newsroom.intel.com/news/intel-accelerates-ai-innovation-3-new-intel-capital-investments/
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Intel Corporation is the world leading manufacturer of semiconductor. Net sales break down by family of products and services as follows:
- computing architectures products (93.2%): processors and microprocessors (Pentium, Intel Xeon brands, etc.), graphics cards, chips and motherboards, connectivity products, cellular modems, Ethernet controllers, network components, storage products, etc. for PCs, servers, data centers, cloud networks, workstations, notebooks, Internet of Things, graphics architectures, intelligent peripherals and communications infrastructures. The group also develops associated software;
- advanced driving assistance and autonomous driving systems (3.8%; Mobileye);
- wafer manufacturing services (1.8%): accelerators, monolithic chips, silicon wafers, etc. The group also offers chiplet software and mask manufacturing equipment for advanced lithography;
- other (1.2%).
Net sales (including intragroup) are distributed geographically as follows: the United States (25.7%), China (27.4%), Singapore (15.9%), Taiwan (12.7%) and other (18.3%).