Intel Capital reaches $1bn in AI investments

Sep 22, 2017 • Callum Cyrus

The unit has pumped in more than $1bn into artificial intelligence developers, Intel CEO Brian Krzanich revealed earlier this week.

Intel Capital, the corporate venturing arm of chipset manufacturer Intel, has poured more than $1 billion into artificial intelligence (AI) investments, it has announced.

The figure was disclosed in a blog post by Intel CEO Brian Krzanich, who highlighted investments the unit has made in autonomous driving technology developer Mighty AI, healthcare analytics software provider Lumiata and DataRobot, a machine-learning platform for big data applications.

Intel is working on chipsets to absorb the computing burden of AI,…

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