SANTA CLARA, Calif.--(BUSINESS WIRE)--
Intel (NASDAQ: INTC):
What’s New: Technion*, Israel’s technological institute, announced this week that Intel is collaborating with the institute on its new artificial intelligence (AI) research center. The announcement was made at the center’s inauguration attended by Dr. Michael Mayberry, Intel's chief technology officer, and Dr. Naveen Rao, Intel corporate vice president and general manager of the Artificial Intelligence Products Group.
"AI is not a one-size-fits-all approach, and Intel has been working
closely with a range of industry leaders to deploy AI capabilities and
create new experiences. Our collaboration with Technion not only
reinforces Intel Israel's AI operations, but we are also seeing
advancements to the field of AI from the joint research that is under
way and in the pipeline.”
-- Naveen Rao, Intel corporate vice
president and general manager of Artificial Intelligence Products Group
What It Includes: The center features Technion’s computer science, electrical engineering, industrial engineering and management departments, among others, all collaborating to drive a closer relationship between academia and industry in the race to AI. Intel, which invested undisclosed funds in the center, will represent the industry in leading AI-dedicated computing research.
What It Means: Intel is committed to accelerating the promise of AI across many industries and driving the next wave of computing. Research exploring novel architectural and algorithmic approaches is a critical component of Intel’s overall AI program. The company is working with customers across verticals – including healthcare, autonomous driving, sports/entertainment, government, enterprise, retail and more – to implement AI solutions and demonstrate real value. Along with Technion, Intel is also involved in AI research with other universities and organizations worldwide.
Why It Matters: Intel and Technion have enjoyed a strong relationship through the years, as generations of Technion graduates have joined Intel’s development center in Haifa, Israel, as engineers. Intel has also previously collaborated with Technion on AI as part of the Intel Collaborative Research Institute for Computational Intelligence program.
More Context:
About Intel
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