Finance

Intel and DigitalBridge Launch New Generative AI Firm Articul8

Jan 3, 2024 1 min read

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Intel has partnered with DigitalBridge Group and a consortium of investors to launch Articul8 AI, a new independent enterprise focusing on generative artificial intelligence (GenAI) for enterprise customers. The venture will leverage Intel's technologies and intellectual property to provide a vertically optimized full-stack solution. Articul8 AI will employ Intel Xeon Scalable processors and Intel Gaudi accelerators to address the needs of the enterprise sector in areas such as finance and telecommunications.

The newly formed company, headed by former Intel executive Arun Subramaniyan as CEO, aims to enable rapid and cost-effective development, deployment, and management of secure GenAI applications. Despite being backed by various investors, Articul8 AI will operate with an independent board of directors while Intel retains a shareholder stake. Financial details of the deal, including the value of the company and the extent of Intel's ownership, were not disclosed. The creation of Articul8 AI represents Intel's strategy to attract external capital for its innovative ventures, signaling a significant move in its AI software development efforts.

#tech #markets #ai

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