Intel spins out a new enterprise-focused gen AI software company
https://techcrunch.com/2024/01/03/intel-spins-out-a-new-enterprise-focused-gen-ai-software-company/
Intel, intent on making bigger moves in the market for AI-powered enterprise software, is spinning out a new platform company with the backing of Boca Raton, Florida-based asset manager and investor DigitalBridge.
Called Articul8 AI (an awkward abbreviation of “Articulate AI”), the new entity builds off a proof-of-concept from an Intel collaboration with Boston Consulting Group (BSG) early last May. Reuters reports that Intel, using its hardware and a combination of open source and internally-sourced software, created a gen AI system that can read text and images — running inside BCG’s datacenters to address BSG’s security requirements.