![Pinterest](https://pinterest.com/pin/create/button/?url=https://bollspel.com/introducing-the-new-genai-software-company-from-intel-for-enterprise-solutions/&media=https://bollspel.com/wp-content/uploads/2024/01/13553-introducing-the-new-genai-software-company-from-intel-for-enterprise-solutions.jpg&description="Discover the latest in enterprise solutions with the new GenAI software company from Intel. Find out how this cutting-edge technology can revolutionize your business operations. Learn more today."){kind=link}
Intel is making moves in the market for AI-powered enterprise software by spinning out a new platform company with the support of Boca Raton, Florida–based asset manager and investor DigitalBridge.
Called Articul8 AI, the company builds off a proof-of-concept from an Intel collaboration with Boston Consulting Group (BCG) early last May. According to Reuters, Intel created a generative AI system that can read text and images using its hardware and a combination of open source and internally sourced software.
The system was developed within Intel over two or so years and was fine-tuned for BCG’s specific uses. Initially, BCG was the sole go-to-market supplier and customer, but Intel has worked to scale the platform to companies in various industries that “require high levels of security and specialized domain knowledge,” according to an Intel spokesperson.
The spokesperson told TechCrunch that “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.” Arun Subramaniyan, formerly a VP and GM at Intel’s data center and AI group, will become the spinout’s CEO.
Intel and Articul8 investors include Fin Capital, Mindset Ventures, Communitas Capital, GiantLeap Capital, GS Futures and Zain Group. The chipmaker spun out car chip firm Mobileye, sold off its memory chip division, and intends an eventual initial public offering of its programmable chip unit as part of CEO Pat Gelsinger’s comeback plan.