Intel announced that it is setting aside a US$1 billion (~RM4.18 billion) fund that will be used to support early-stage startups and companies. Specifically, the fund will be used to help these companies build what Intel calls “disruptive technologies” for the foundry ecosystem.
“Foundry customers are rapidly embracing a modular design approach to differentiate their products and accelerate time to market. Intel Foundry Services is well-positioned to lead this major industry inflection. With our new investment fund and open chiplet platform, we can help drive the ecosystem to develop disruptive technologies across the full spectrum of chip architectures.” Pat Gelsinger, CEO at Intel wrote in the open letter.
The fund will prioritise investments in capabilities that accelerate foundry customers’ time to market and will envelop items such as intellectual property (IP), software tools, innovative chip architectures, and advanced packaging technologies. In addition, Intel also announced that it will be partnering up with several companies aligned with the fund to enable modular products with an open chiplet platform, as well as design approaches that leverage multiple instruction set architectures (ISAs), from x86 to RISC-V.
We're excited to learn more about today's announcements for Intel Foundry Services, the Ecosystem Alliance, and the $1B innovation fund in this editorial, here: https://t.co/Jwuj0ar5mK#RISCV #NoLimits
— SiFive (@SiFive) February 7, 2022
If you wish to know more about Intel’s plans on improving the foundry ecosystem, we’ve included the link to the press release in the source below.
(Source: Intel via Videocardz)