February 25, 2024

TechCrunch

Intel spins out a new enterprise-focused GenAI software company

Intel, intent on making bigger moves in the market for AI-powered enterprise software, is spinning out a new platform company with the backing of Boca Raton, Florida–based asset manager and investor DigitalBridge. Called Articul8 AI (an awkward abbreviation of “Articulate AI”), the new entity builds off a proof-of-concept from an Intel collaboration with Boston Consulting Group (BCG) early last May. Reuters reports that Intel, using its hardware and a combination of open source and internally sourced software, created a generative AI system that can read text and images — running inside BCG’s data centers to address BCG’s security requirements.