There’s no doubt that 2023 was the year of AI. Its explosive popularity ushered in a slew of new opportunities in technological innovation, societal improvement, and scientific discovery. And, while the markets performed better than anticipated as the economy seems to have escaped the much-threatened recession, the venture market was largely in retreat. In 2023, … Continued
In 2023 we witnessed one of the fastest adoption of technologies ever, with OpenAI’s ChatGPT crossing 100 million monthly active users within two months of launch. And today, over 56% of Americans use generative AI tools to do things like help them with homework, automate parts of their job, or improve work communications. However, enterprises … Continued
BRIA’s Generative AI Open Platform empowers companies to produce visual content at scale, tailored to their brand identity or visual style. [Tel Aviv, Israel – February 21, 2024] – BRIA, the leading responsible visual generative AI open platform, today announced it has raised $24 million in Series A funding in a round jointly led by … Continued
Taking stock of the breakthrough pace of innovation in recent years, here are my five predictions for how generative AI will evolve in 2024. TL;DR:1. 🤖 Agentic architectures will mature and see increased adoption2. 🔦The race to find alternatives to the Transformer will accelerate3. 🔐 Startups will prioritize copyright, privacy and access control issues to … Continued
Intel Capital has looked at investments in space tech companies over the last 20+ years, and until recently, we haven’t seen the right combination of capital efficiency, scalability and use case tailwinds that could drive venture scale returns. But with the expansion of launch and space infrastructure providers with the resulting reduction in cost and … Continued
Investment Further Strengthens Industry Momentum of Skylo’s Standards-Based Solution for Direct-to-Device Satellite Connectivity MOUNTAIN VIEW, CA – FEBRUARY 13, 2024 – Skylo Technologies, the leading direct-to-device satellite connectivity service provider, today announces that it has secured $37 million in funding co-led by Intel Capital and Innovation Endeavors. New investors include BMW i Ventures, Next47, Samsung … Continued
In 2000 Sharp Corporation launched the world’s first network-connected camera phone in Japan. Not even the most optimistic Sharp engineers could have imagined the profound impact photo and video sharing would have on technological innovation and societal change over the next two decades. From that first 0.1 megapixel, single lens, fixed focus camera we’ve graduated to … Continued
CAMBRIDGE, England, February 13, 2024: Cambridge Mechatronics Limited (CML), the world leader in the design and control of Shape Memory Alloy (SMA) actuators, announces the closing of a funding round totaling over $40M to enable rapid expansion of its actuator and controller IC product portfolios. The oversubscribed funding round was led by Atlantic Bridge. Intel Capital … Continued
Before the turn of the twenty-first century, in order to buy software, people would typically buy installation CDs as a one-time purchase. However, as technology marched forward, so did buyers’ preferences, leading to a seismic shift toward and preference for subscription-based models. The advent of Software as a Service (SaaS) transformed the way we access, … Continued
With funding led by Intel Capital, Xyte will accelerate the geographic expansion of its servitization platform, Xyte Device Cloud MOUNTAIN VIEW, California and TEL AVIV, Israel, January 16, 2024 – Xyte, developer of the first all-in-one servitization platform for device and hardware manufacturers, today announced a $30 million investment round, which includes $20 million in … Continued