Intel spins out AI robotics company RealSense with $50 million raise
Intel Corp. General Manager of Brian Krzanich, Nevada, Las Vegas’deki 2015 Consumer Electronics Fair (CES) during the Intel Realsense cameras with an asctec firefly drone shows the ability to avoid collision.
Patrick T. Fallon | Bloomberg | Getty Images
Intel Since more company bets on automation tools, it eliminates artificial intelligence robotics and biometric initiative.
The new company, known as Realsense, was announced on Friday and comes with a $ 50 million A -series financing tour with the MediaTek Innovation Fund and Chipmaker’s initiative branch Intel Capital.
Realsense, which makes tools and technology for robot automation, said that it plans to use financing to develop new product lines and meet the worldwide demand worldwide. Intel’s current vice president and destructive innovation General Manager Nadav Orbach CEO will serve as CEO.
Orbach told CNBC in an interview, as technology wins more use and traction, “timing is now for physical artificial intelligence.” He said: “We want to develop new product series. We see the demand and see the need and now the right thing for us was to collect the external funds.”
As the cases of use of AI expanded, companies around the world increased investment in the developing robotic field.
Morgan Stanley expects the market of humanoid robots to reach $ 5 trillion by technology companies by 2050. Tesla And AmazonMake a big bet on technology and automation.
Elsewhere Nvidia CEO Jensen Huang called Robotics as the greatest opportunity for the chipset after AI and Salesforce CEO Marc Benioff claimed that AI’s software seller’s work was running 30% to 50% last month.
For decades, Intel has been planning a series of costs after the worst year for its stocks for decades.
The company undermined CEO Pat Gelsinger and cut Jobs last year while struggling to keep up with the AI competition. In April, the company said it would sell the majority of its shares. chip Native Altera.
Formerly known as Intel Perceptual Computing, Realsense was created more than a decade ago to investigate 3D vision technology and launched its first product in 2015. The company employs approximately 130 people throughout the United States, Israel and China and appeals to autonomous robot manufacturers such as Eyesynth and Unitree Robotics.
Orbach said that Realsense focuses on bringing more security vehicles to the industry and easy to use for its customers. Intel will continue the minority stake in the company.
