Industrial Electronics

Intel invests $132 million in 11 tech startups

13 May 2020

Intel Corp. is investing in 11 technology startups that are developing innovations such as artificial intelligence (AI), autonomous computing and chip design.

The companies Intel invested in include:

  • Anodot — A company developing machine learning to drive future analytics.
  • Astera Labs — A fabless semiconductor company building connectivity solutions for data-centric systems to remove performance bottlenecks in compute-intensive workloads.
  • Axonne — A company developing high-speed Ethernet network solutions for cars.
  • Hypersonix — An AI autonomous analytics platform for consumer industries such as retail, restaurants, hospitality and e-commerce.
  • KFBIO — A biotech company in China building digital pathology systems.
  • Lilt — An AI-powered language translation software and services for localized and cost-effective translation.
  • MemVerge — A software company developing big memory computing for persistent memory and data services in applications such as AI, machine learning, financial market data analytics and high-performance computing.
  • ProPlus Electronics — An EDA company that specializes in device modeling and fast circuit simulation solutions.
  • Retrace — A company developing AI and advanced technology for the future of dental data.
  • Spectrum Materials — A gas and material supplier for semiconductor fabs.
  • Xsight Labs — A company developing cloud-based, data-intensive workloads such as machine learning, data analytics and disaggregated storage.

Additionally, Intel Capital, the investment wing of the semiconductor giant, will invest between $300 million and $500 million in 2020 in companies developing transformational technologies for industries such as healthcare, automotive and consumer goods.

To contact the author of this article, email PBrown@globalspec.com


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