Intel Capital announces $117M of new investments in 14 tech startups
Intel Capital, Intel Corporation's global investment organization, announced at the Intel Capital Global Summit new investments totaling $117M in 14 disruptive technology startups. The 14 companies joining Intel Capital's portfolio are creating powerful artificial intelligence platforms; new ways to see and analyze materials for the built world and our bodies; more efficient and greener manufacturing technologies; and disruptive new approaches to chip design, the company said. "Intel has driven disruption for the last 50 years, changing the way we live by making compute ubiquitous. Intel Capital is continuing that legacy of disruption with these investments," said Wendell Brooks, Intel senior vice president and president of Intel Capital. "These companies are shifting the way we think about artificial intelligence, communications, manufacturing and health care - areas that will become increasingly essential in coming years as the linchpins of a smarter, more connected society."