New Intel Capital Investments to Accelerate AI Innovation

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Company and Product News

Intel envisions artificial intelligence (AI) as the driver for the next big wave of computing that will transform the way businesses operate and how people engage in every aspect of life. There is an enormous opportunity to make AI accessible to every industry, and as a data company, it is imperative that Intel delivers solutions that create, use and analyze the massive amounts of data that are generated each and every minute.

Intel is accelerating AI innovation industrywide through Intel Capital investments in three companies: CognitiveScale, a provider of industry-specific machine intelligence software; AEye, a robotic vision pioneer; and Element AI, a Montreal-based artificial intelligence company that delivers AI solutions.

Intel is aggressively investing in the best minds in the industry that bring the skills and technology necessary to accelerate complex, data-intensive processes. Each of these companies is involved in furthering innovations with AI – ranging from robotics and autonomous vehicles to machine intelligence software and an AI research lab – with the premise of solving the most daunting challenges by accelerating large-scale problem-solving, unleashing new scientific discovery, extending our human senses and capabilities, and relieving us of the burden of tedious or dangerous tasks.

Intel Capital has current investments in more than two dozen AI portfolio companies.

Keywords: Artificial Intelligence (AI), Robotic Vision, Machine Intelligence, Autonomous Vehicles, ARC Advisory Group.

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