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Intel spins off new AI firm
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Intel spins off new AI firm
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8th January 2024, 07:25
| #1 |
| [M] Reviewer  Join Date: May 2010 Location: Romania
Posts: 148,802
 |  Intel spins off new AI firm Backed by DigitalBridge Group money Intel says it is spinning off a new firm around its AI software work with cash from digital-focused money manager DigitalBridge Group and other backers. Intel bosses would not say how much the deal was worth or if it would keep a significant share in the new venture other than to say the firm would have an independent board of its bosses and the chipmaker would stay a shareholder. The new company, which will not be on the stock market and will be called Articul8 AI ("Articulate AI"), is a result of work on business AI tech that Intel first did with Boston Consulting Group (BCG). https://fudzilla.com/news/ai/58205-i...ff-new-ai-firm |
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