Intel has invested $132M in 11 start-ups this year, on track for $300M-$500M in overall

Intel has invested $132M in 11 start-ups this year, on track for $300M-$500M in overall

When it concerns corporate venture capital, semiconductor huge Intel has actually shaped up to be one of the most prolific and prescient financiers in the tech world, with financial investments in 1,582 companies worldwide, and a tally of some 692 portfolio business going public or otherwise exiting in the wake of Intel’s backing. Today, the company revealed its […] Lots of business VCs have been clear in drawing a separation between their activities and that of their moms and dads, and the very same has held for Intel. The complete $35 million round was announced revealed in April. closed in March. The apparent connection and interest here for Intel is on the processor side, but possibly brings Intel into a sphere where it can bend its muscle around a variety of AI and cloud computing applications. …