Intel Invests $1 Billion in the AI Ecosystem

Intel sees Artificial Intelligence as one of the tentpoles of its future. The company is investing in that future with a US $1 billion aimed to develop product innovation.

"AI will make the impossible possible: advancing research on cancer, Parkinson’s disease and brain disorders; helping to find missing children; and furthering scientific efforts in climate change, space exploration and oceanic research," explained Brian Krzanich, chief executive officer of Intel.

To drive AI innovation, Intel is making strategic investments spanning technology, R&D and partnerships with business, government, academia and community groups.

"We are deeply committed to unlocking the promise of AI: conducting research on neuromorphic computing, exploring new architectures and learning paradigms. We have also invested in startups like Mighty AI*, Data Robot* and Lumiata* through our Intel Capital portfolio and have invested more than $1 billion in companies that are helping to advance artificial intelligence," he added.