The spinoff will be headed by Israeli Nadav Orbach, with plans to expand AI-powered technologies to include new innovations in stereo vision, robotics, and biometrics AI software and hardware.| ctech
The move to separate Intel Capital signals efforts to streamline and refocus amid ongoing struggles. The new fund, slated to begin standalone operations in the second half of 2025, will operate under a different name. Intel will remain an anchor investor, and the current Intel Capital team will transition to the newly formed entity.| ctech
The British startup, backed by $15M in funding, aims to revolutionize low-cost AI inferencing with innovative chip technology.| ctech