Intel launches a new company focused on enterprise-level GenAI software
January 4 2024
Intel is launching a new company named Articul8 AI, specializing in AI-powered enterprise software, with the support of DigitalBridge and other investors. The platform is derived from a collaboration between Intel and Boston Consulting Group (BCG), featuring a generative AI system that could process text and images, tailored to BCG’s security needs. Originally developed exclusively for BCG, the platform is now being expanded to serve various high-security industries. Arun Subramaniyan will lead the spinout company comprised of former Intel employees. Intel will maintain a stake and strategic alignment with Articul8 AI, planning to utilize its software internally and offer it to customers through a partnership. This new endeavor is part of Intel’s wider strategy under CEO Pat Gelsinger to revitalize the company, with initiatives including building new chip factories and developing advanced chip technologies, as well as offering GenAI products and services to enhance the appeal of Intel hardware against competitors.
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What does it mean?
- AI-powered: Referring to products or services enhanced with artificial intelligence (AI), which implies the use of computers to perform tasks that typically require human intelligence, such as understanding language and recognizing images.
- Enterprise software: A category of computer software used by organizations rather than individuals, which serves to satisfy the needs of an organization rather than individual users. Such businesses can range from schools, clubs, churches, retailers to governments and large corporations.
- Generative AI system: A type of artificial intelligence system capable of generating new content, such as text or images, that is similar but not identical to the content it has learned from.
- Spinout company: A new independent company created by separating part of an existing company’s operations, assets, or employees, often supported by the parent company's investment and resources.
- Stake: An ownership interest in a business, which may include rights to the earnings and voting in major decisions.
- Strategic alignment: The process of ensuring that business goals and plans are consistent with and supportive of each other, across various operations and projects.
- Chip factories: Facilities where semiconductor chips, the brains inside most electronic devices, are manufactured.
- Advanced chip technologies: Refers to the latest developments in the design and fabrication of semiconductor chips, which often involve smaller, faster and more energy-efficient components.
- GenAI products and services: Likely a shorthand for "generative AI" products and services, which involve offerings that use generative AI technology to create or enhance content.