Intel spins off its corporate venture arm, Intel Capital
The Financial Times · 23h
Intel to spin off venture capital arm as chipmaker tries to cut costs
Intel’s interim co-chief executive, David Zinsner, said spinning off its venture arm was a “win-win scenario as it provides the fund with access to new sources of capital to expand its franchise while allowing both companies to continue benefiting from a productive long-term strategic partnership”.
The Edge Singapore · 19h
Intel to turn venture arm into separate business with new name
“Standalone operations are expected to begin in the second half of 2025, at which time Intel Capital will operate under a new name,” the Santa Clara, California-based company said. “The existing Intel Capital team will move to the new company, and business operations will continue as normal throughout the transition.”
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