Intel Forms Generative AI Company With Investment Firm

<p><strong>SANTA CLARA &amp&semi; BOCA RATON&comma; FL<&sol;strong> &&num;8212&semi; Intel Corp&period; is partnering with investment firm DigitalBridge Group to form Articul8 AI&comma; an independent company offering enterprise customers a full-stack&comma; vertically-optimized and secure generative artificial intelligence &lpar;GenAI&rpar; software platform&period; The platform delivers AI capabilities that keep customer data&comma; training and inference within the enterprise security perimeter&period; The platform also provides customers the choice of cloud&comma; on-prem or hybrid deployment&period;<&sol;p>&NewLine;<p>Based in Palo Alto&comma; Articul8 was created with intellectual property &lpar;IP&rpar; and technology developed at Intel&comma; and the two companies will remain strategically aligned on go-to-market opportunities and collaborate on driving GenAI adoption in the enterprise&period; Arun Subramaniyan&comma; formerly vice president and general manager in Intel’s Data Center and AI Group&comma; has assumed leadership of Articul8 as its CEO&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;With its deep AI and HPC domain knowledge and enterprise-grade GenAI deployments&comma; Articul8 is well positioned to deliver tangible business outcomes for Intel and our broader ecosystem of customers and partners&period; As Intel accelerates AI everywhere&comma; we look forward to our continued collaboration with Articul8&comma;&&num;8221&semi; said Pat Gelsinger&comma; Intel CEO&period;<&sol;p>&NewLine;<p>DigitalBridge Ventures&comma; the venture initiative of DigitalBridge&comma; served as lead investor of Articul8&period; In addition&comma; Intel&comma; along with a syndicate of established venture investors&comma; including Fin Capital&comma; Mindset Ventures&comma; Communitas Capital&comma; GiantLeap Capital&comma; GS Futures and Zain Group&comma; has taken an equity stake in the company&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Every global enterprise today is challenged to integrate GenAI capabilities into their workflows&period; Articul8 has built a scalable and easy-to-deploy GenAI software platform that is already enabling enterprises to unlock value from their proprietary data&period; We see GenAI as a pivotal force driving digital infrastructure&comma; and we are pleased to collaborate with Intel to support Articul8’s growth&comma;” said Marc Ganzi&comma; DigitalBridge CEO&period;<&sol;p>&NewLine;<p>Articul8 offers a turnkey GenAI software platform that delivers speed&comma; security and cost-efficiency to help large enterprise customers operationalize and scale AI&period; The platform was launched and optimized on Intel hardware architectures&comma; including Intel® Xeon® Scalable processors and Intel® Gaudi® accelerators&comma; but will support a range of hybrid infrastructure alternatives&period; Following the technology’s early <a href&equals;"https&colon;&sol;&sol;www&period;intel&period;com&sol;content&sol;www&sol;us&sol;en&sol;newsroom&sol;news&sol;intel-bcg-collaborate-enterprise-generative-ai&period;html" rel&equals;"nofollow" shape&equals;"rect">deployment at Boston Consulting Group<&sol;a> &lpar;BCG&rpar;&comma; the team has scaled the platform to enterprise customers in industry segments requiring high levels of security and specialized domain knowledge&comma; including financial services&comma; aerospace&comma; semiconductors and telecommunications&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;GenAI is at the forefront of our clients’ business strategy and needs&period; Our collaboration began nearly two years ago while the venture was still in the incubation stage at Intel&period; Since then&comma; we have deployed Articul8 products for multiple clients seeking production-ready platforms with rapid time to market&comma;” said Rich Lesser&comma; global chair of BCG&period;<&sol;p>&NewLine;

Editor

ALM Ventures Debuts $100 Million Fund

MOUNTAIN VIEW -- ALM Ventures has announced the launch of ALM Ventures Fund I, a…

15 hours

Brainworks Ventures Launches $50 Million AI-Native Fund

SAN FRANCISCO -- Brainworks Ventures, an AI-native venture capital fund led by DARPA alumnus Dr.…

15 hours

OpenAI Hires New Chief Revenue Officer

OpenAI is hiring Slack CEO Denise Dresser as the company's Chief Revenue Officer, overseeing global…

16 hours

Teen Charged With Shooting at Westfield Valley Fair Mall

The Santa Clara County District Attorney’s Office has charged a San Jose 17-year-old with attempted…

16 hours

Lemurian Labs Secures $28 Million Series A

SANTA CLARA — Lemurian Labs has secured $28 million in an oversubscribed Series A round,…

4 days

Ripple Foods Chomps Down on $17 Million in New Funding

EMERYVILLE -- Ripple Foods, a producer of high-protein, allergen-free plant-based milks, has landed $17 million in…

4 days