Intel establishes Articul8 AI, an independent company, backed by DigitalBridge Group and others. The venture addresses challenges in AI production, focusing on data privacy, security, and cost sustainability. Arun Subramaniyan, former Intel executive, becomes Articul8’s CEO. The move aligns with Intel’s strategy to seek external capital for business units.
AT A GLANCE
- New Independent Company: Intel is creating a new independent company named Articul8 AI for its artificial intelligence software efforts.
- Backed by Investors: The new company to receive support from investors, including DigitalBridge Group, Fin Capital, Mindset Ventures, Communitas Capital, GiantLeap Capital, GS Futures, and Zain Group.
- Intel’s AI Technology: Articul8 AI stems from Intel’s work on corporate AI technology, initially developed with Boston Consulting Group (BCG).
- Generative AI System: Intel has developed a generative AI system capable of reading text and images, addressing privacy and security concerns by modifying the system to run inside BCG’s data centers.
- Leadership and Concerns Addressed: Arun Subramaniyan, former Intel executive, becomes the CEO of Articul8. The company aims to address concerns about data privacy, security, and potential high costs associated with large cloud computing companies.
- Not Publicly Traded: Articul8 AI will not be publicly traded. Intel will retain a shareholder role, and the new entity will have an independent board of directors.
Intel Forms New AI Company Articul8 AI, Focused on Enterprise Solutions
Santa Clara, CA – In a significant move, Intel has announced the formation of Articul8 AI, a new independent company dedicated to enterprise-focused artificial intelligence (AI) software. This venture marks a strategic shift for the chipmaker, partnering with digital infrastructure giant DigitalBridge Group and other investors to create a dedicated platform for secure and cost-effective AI solutions tailored for businesses.
Focus on Enterprise Needs: Addressing Security and Cost Concerns
Articul8’s key mission lies in bridging the gap between AI potential and real-world implementation for corporations. Arun Subramaniyan, CEO of Articul8 and former head of Intel’s AI division, emphasizes the challenges companies face with AI adoption. Data security and privacy, runaway costs, and difficulty scaling up are major concerns that Articul8 aims to address.
The foundation of Articul8 lies in a generative AI system developed by Intel, utilizing both open-source and proprietary technology. This system, initially created with Boston Consulting Group (BCG), was designed with stringent data privacy and security considerations in mind, running within BCG’s own data centers. This successful collaboration showcased the value of a secure, on-premise AI solution for enterprise needs.
Articul8’s Promise: A Full-Stack Platform for Secure and Scalable AI
Articul8 offers a comprehensive AI software platform designed for ease of use, efficiency, and cost-effectiveness. This includes:
- Full-stack capabilities: From data preparation to model training and deployment, the platform provides a complete solution for businesses.
- Vertical optimization: Tailored for specific industry needs, ensuring relevant and impactful AI applications.
- Security and privacy: Built with data protection at its core, addressing enterprise security concerns.
- Scalability: Designed to handle growing data volumes and user needs, facilitating expansion and futureproofing AI implementations.
Beyond Intel: Strategic Partnerships and a Growing AI Market
Articul8’s formation is not just about Intel’s internal restructuring. It also reflects the growing demand for enterprise-focused AI solutions and the increasing collaboration between technology giants. DigitalBridge’s expertise in data centers and infrastructure strengthens Articul8’s reach, while other investors like Fin Capital and Mindset Ventures bring additional financial and strategic support.
Articul8’s entry into the AI landscape signifies a shift towards democratizing AI for businesses. By focusing on security, cost-effectiveness, and on-premise solutions, Articul8 aims to bridge the gap between cutting-edge AI technology and real-world business applications. This could pave the way for wider adoption of AI across industries, driving innovation and efficiency in various sectors.
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Source(s): Reuters
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