Intel Capital steers focus back towards silicon
Since 1991 Intel Capital, the investment arm of semiconductor giant Intel Corp., has invested more than $12 billion in more than 1,500 companies but in recent years the emphasis of its investment moved towards software, applications and big data service companies.
However the investment group has now announced funding of $72 million in 12 private companies – some young, some old – under the three banners: the future of AI, the future of IoT and the cloud, and the future of silicon.
Hardware oriented companies that are set to benefit include:
Syntiant Corp. (Irvine, Calif.), which is developing neural decision processors that include analog neural computation.
Espressif Systems Pte. Ltd. (Shanghai, China), a fabless chip company that provides wireless SoCs that provide Wi-Fi and Bluetooth connectivity.
Lyncean Technologies Inc. (Fremont, Calif.), which was originally founded to develop a miniature synchrotron x-ray source and has recently adapted that to a novel extreme ultraviolet light source based on coherent photon generation in a compact electron storage ring.
Movellus Inc. (San Jose, Calif.), which has a focus on the use of digital design and verification tools to implement analog circuit functionality.
SiFive Inc. (San Mateo Calif.), a provider of processor core IP based on the open architecture RISC-V instruction set architecture.
Intel Capital did not disclose the amounts invested in the individual companies.
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