February 22, 2024

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Intel is creating a new enterprise-focused GenAI software company

Intel is creating a new enterprise-focused GenAI software company

Image credits: TechCrunch

Intel, intent on making bigger moves in the AI-powered enterprise software market, is External rotation New platform company backed by Boca Raton, Florida-based asset manager and investor DigitalBridge.

Named Article 8 Amnesty International (a weird abbreviation for “Articulate AI”), the new entity is building a proof of concept from Intel’s collaboration with Boston Consulting Group (BCG) early last May. Reuters Reports Intel, using its hardware and a combination of open source and internal sources, has created a generative AI system that can read text and images — operating within BCG's data centers to meet BCG's security requirements.

The system was developed in-house at Intel over the course of two years or so. But it has recently been fine-tuned to suit specific BCG uses, according to CRN.

Initially, Boston Consulting Group was the sole supplier and customer of the system. However, over the past few months, Intel has been expanding the platform — which is optimized for Intel hardware but supports alternatives — to include companies in financial services, aerospace, semiconductor, telecommunications and other industries that “require high levels of security and specialized knowledge.” domain.”, according to an Intel spokesperson.

“Articul8’s AI software product was built from the ground up to meet enterprise needs and is optimized for speed of deployment, scalability, security, and sustainability — including costs,” the spokesperson told TechCrunch via email. “The Articul8 platform provides AI capabilities that keep customer data, training and reasoning within the enterprise security perimeter. The platform also provides customers the option of cloud deployment, whether pre-deployment or hybrid.

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Arun Subramanian, who was previously vice president and general manager of Intel's data center and artificial intelligence group, will become CEO of the startup. The rest of the Articul8 team will also include former Intel employees, and Intel will retain an undisclosed stake in the company.

In addition to Intel and DigitalBridge, a publicly traded company and major investor in data centers, Articul8 investors include Fin Capital, Mindset Ventures, Communitas Capital, GiantLeap Capital, GS Futures, and Zain Group.

“Intel and Articul8 will remain strategically aligned and Intel plans to leverage Articul8's enterprise-generation AI software for internal use cases as well as offer it to end customers as part of a joint go-to-market partnership,” the spokesperson said. “This collaboration will drive increased consumption of Intel's computing offerings [and] Intel will continue to leverage Articul8's AI knowledge and experience as Intel continues to grow its footprint in the generative AI market.

Reuters notes that Intel's move to launch Articul8 is its latest endeavor to seek outside capital for business units. The chipmaker founded the automotive chip company Mobileye, Sell ​​it Its own memory chipset division is planned An initial public offering eventually From the programmable chip module.

The separations are part of Intel's strategy to raise capital for CEO Pat Gelsinger's comeback plan, which includes building new chip factories in the United States and Europe, as well as introducing new advanced chip manufacturing nodes over the next four years. In particular, Articul8 fits into Gelsinger's plans to offer new software products and services — including products powered by GenAI technology — that rival those from competitors like Nvidia and AMD and make Intel hardware more attractive for a range of applications.

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