Intel is boosting its AI presence with a new company, Articul8 AI, dedicated to only Generative AI. An array of notable investors like DigitalBridge Group are funding this venture.
The decision to create a standalone company dedicated to AI software underscores the company’s strategic shift to harness the vast potential of AI technologies. The move is set to raise Intel’s position in the AI landscape, as it collaborates with investors who have a shared vision for the future of artificial intelligence.
Formation and Independence
Articul8 AI, despite being Intel-backed, will function as an independent entity. The company will boast an autonomous board of directors, signaling a clear departure from the conventional corporate structure. While the financial details of the deal remain undisclosed, Intel has affirmed its commitment as a shareholder in the new venture.
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Genesis of Articul8 AI
The genesis of Articul8 AI traces back to Intel’s collaborative efforts with Boston Consulting Group (BCG) in the realm of corporate AI technology. Leveraging its formidable supercomputing capabilities, Intel developed a generative AI system adept at processing text and images. This system, named Articul8 AI, fuses open-source and proprietary technologies to deliver a robust AI solution.
Leadership and Expertise
Arun Subramaniyan, previously a key figure in Intel’s data center and AI group, is going to become the Chief Executive Officer at Articul8. His leadership will guide the company through the dynamic landscape of AI innovation, leveraging his wealth of experience.
Investor Consortiu
Many investors, including DigitalBridge, Fin Capital, Mindset Ventures, Communitas Capital, GiantLeap Capital, GS Futures, and Zain Group, are helping Articul8 AI. This diverse group of backers showcases collective optimism and confidence in the transformative potential of AI technologies.
Articul8 AI is heading towards the future, with expectations of advancing AI beyond conventional tech. Partnering with diverse investors positions it as a pivotal player shaping AI innovation.
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Our Say
Intel’s move into independent AI ventures signals commitment to pioneering tech. Articul8 AI is a testament to collaborative AI innovation, shaping a future where intelligence converges with technology seamlessly.
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