Intel pledges £90m to 14 startups as it develops investment arm

Intel pledges £90m to 14 startups as it develops investment arm

5 years ago
Anonymous $syBn1NGQOq

https://tech.newstatesman.com/business/intel-capital-investment-arm

Intel has pledged to invest a total of $117m (£90m) in 14 technology startups as it seeks to extend its reach across a range of fields, from healthcare to artificial intelligence.

The funding spree, announced at the Intel Capital Global Summit in Arizona on Monday, comes after the veteran chipmaker pledged to invest at least $300m (£230m) a year in disruptive tech businesses.

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