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Intel creates $1 billion fund to boost innovation in the foundry ecosystem

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News, Reviews & Betas which includes large community peer support Intel has launched a $1 billion fund to help start-ups in the foundry industry create new and disruptive technologies. The firm also announced that it’s joining the RISC-V International body.
Intel has announced the creation of a new $1 billion fund which will help start-ups trying to bring new technologies to the foundry ecosystem. According to the company, the fund will strengthen the ecosystem by providing equity investments for start-ups, strategic investments to accelerate partner scale-up, and ecosystem investments to “develop disruptive capabilities supporting IFS (Intel Foundry Services) customers”.

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