Intel launches a new GenAl software company with an enterprise focus.
With the support of investor and asset management DigitalBridge, based in Boca Raton,
Florida, Intel is launching a new platform firm with the goal of making further inroads into
the market for AI-powered corporate software.
The new company, named Articul8 AI (a cumbersome acronym for "Articulate AI"),
expands upon a proof-of-concept from an Intel partnership with Boston Consulting Group
(BCG) that was completed early in May. According to Reuters, Intel developed a
generative artificial intelligence (AI) system that can scan text and images using its
hardware and a mix of internally developed and open source software. The system is said
to be operating inside BCG’s data centers in order to meet BCG’s security needs.
Over the course of around two years, Intel developed the system. However, CRN claims
that it was more recently adjusted for the unique applications of BCG.
At first, BCG was the system’s only go-to-market supplier and user. But according to an
Intel spokesperson, over the past few months, the company has worked to expand the
platform, which is designed for Intel hardware but accepts alternatives, to businesses in
the financial services, aerospace, semiconductor, telecommunications, and other sectors
that "require high levels of security and specialized domain knowledge.
The spokesman emailed TechCrunch, saying, "Articul8’s gen AI software product was built from the ground up to address the needs of enterprises and is optimized for speed of
deployment, scalability, security, and sustainability — including costs." " The AI
capabilities provided by the Articul8 platform maintain client data, training, and inference
inside the boundaries of the enterprise security. Additionally, the platform gives users the
option of cloud, on-premises, or hybrid deployment.”
The spinout’s CEO will be Arun Subramaniyan, a former VP and GM of Intel’s data center and artificial intelligence division. Intel will keep an undisclosed share in Articul8, and the
remaining members of the team will also be former Intel employees.
In addition to Intel and the publicly traded company DigitalBridge, which is a significant
data center investor, other investors in Articul8 include Fin Capital, GS Futures,
Communitas Capital, Mindset Ventures, GiantLeap Capital, and Zain Group.
Articul8 and Intel will continue to be strategically aligned, and Intel intends to use
Articul8’s enterprise-grade AI software for internal use cases in addition to providing it to
end users as part of a joint go-to-market partnership," the spokesman stated. "This
partnership will increase the use of Intel’s computational solutions, and Intel will keep
utilizing
understanding and proficiency in the AI domain as Intel expands its market share in
generative AI.
Reuters reports that Intel’s newest attempt to raise outside funding for its business groups
is the creation of Articul8. The chipmaker sold off its memory chip division, spun out the
auto chip company Mobileye, and plans to eventually offer its programmable chip section
as an IPO.
The spinouts are a part of Intel’s aim to raise money for CEO Pat Gelsinger’s turnaround plan, which calls for the introduction of new sophisticated chip production nodes and the construction of new chip facilities in Europe and the United States over the course of the next four years. Specifically, Articul8 aligns with Gelsinger’s strategy to provide innovative software solutions and services, such as GenAI-powered products.
You must be logged in to post a comment.