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Intel launches independent generative AI company funded by DigitalBridge

Jan 04, 2024 - aibeat.co
Intel is planning to establish a new company, Articul8 AI, to expand its presence in the AI-driven enterprise software sector. The new spinoff will leverage Intel's hardware expertise and internally sourced open-source software to create a generative AI system that can interpret images and text. The system, primarily designed for enterprise needs, will be used by Boston Consulting Group for their data center security requirements. The company has received support from DigitalBridge, an asset manager and investor based in Florida.

Articul8 AI's generative AI software product is optimized for deployment speed, scalability, security, and sustainability. It offers AI capabilities that keep customer data, training, and inference within the enterprise security perimeter and provides customers with the choice of cloud, on-premises, or hybrid deployment. The workforce of Articul8 AI will include former Intel employees, and the company has secured investments from various sources including Fin Capital, Mindset Ventures, Communitas Capital, GiantLeap Capital, GS Futures, and Zain Group.

Key takeaways:

  • Intel is establishing a new company, Articul8 AI, to expand its presence in the AI-driven enterprise software sector. The company has received support from DigitalBridge, an asset manager and investor based in Florida.
  • Articul8 AI combines Intel’s hardware expertise with its internally sourced open-source software to create a generative AI system that can read images and text. The system is primarily designed for enterprise needs and will be working with Boston Consulting Group's data centers for their security requirements.
  • The generative AI system has been in development for over two years and was recently fine-tuned to meet BCG's specific needs. Intel has expanded the platform to work with other companies in various sectors such as financial services, aerospace, semiconductor, telecommunications, and more.
  • Articul8 AI has secured investments from various sources including Fin Capital, Mindset Ventures, Communitas Capital, GiantLeap Capital, GS Futures, and Zain Group. The workforce will include ex-Intel employees, and the former VP and GM at Intel’s data center and the AI group will serve as the spinoff company’s CEO.
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