Intel Capital invests $117 mln into 14 companies


Intel Capital said it invested $117 million into 14 companies from sectors including artificial intelligence, communications, health care and chip design.

An announcement was made at the firm’s annual Global Summit. Intel Capital, the investment arm of chipmaker Intel, said the investments further its strategy of taking larger, more strategic positions in startups.

The companies include Cloudpick from China, SambaNova Systems from California, Untether AI from Canada, Zhuhai EEasy Technology from China, Mighty Networks from California, Pixeom from California, and Polystream from the United Kingdom.

Also on the list are Tibit Communications from California, Medical Informatics from Texas, Reveal Biosciences from California, Landing AI from California, OnScale from California, proteanTecs from Israel, and Qolibri from California.