Intel plunks down $30 million on cloud centers investment

Summary:Intel is getting more serious about the cloud with a new $30 million investment.

While cloud computing is a hot topic, it would be a mistake to call it a passing trend. (Tablets, however, appear to be up for debate.)

Intel is forging ahead with its own cloud computing initiatives with a major financial and resource-heavy investment.

Specifically, the Silicon Valley-based enterprise has pledged to fork over $30 million over the course of the next five years for two new Intel Science and Technology Centers hosted at Carnegie Mellon University. Each ISTC will focus on cloud and embedded computing research.

That $30 million allotment is just one part of an overall $100 million in funding designated for increasing university research and accelerate innovation.

Justin Rattner, Intel's chief technology officer, explained in a statement about some of the potential results we should be seeing in the next few years coming out of the ISTCs:

Imagine, for example, future cars equipped with embedded sensors and microprocessors to constantly collect and analyze traffic and weather data. That information could be shared and analyzed in the cloud so that drivers could be provided with suggestions for quicker and safer routes.

Perhaps Google could have already used some of that technology -- at least regarding traffic -- in its driverless cars this week.

Anyway, besides Intel's own researchers and developers, the ISTCs will also feed upon ideas from top academic researchers nationwide, specifically from the Georgia Institute of Technology, the University of California Berkeley, Princeton, the University of Illinois at Urbana Champaign, and (of course) Carnegie Mellon, among several others.

Intel is currently accepting applications and abstracts from researchers within the U.S. academic community to be considered in the process of defining more ISTC locations. At least one more center will be announced by the end of the year for a 2012 launch.


Topics: Hardware, Banking, Cloud, Intel, Servers, Virtualization


Rachel King is a staff writer for CBS Interactive based in San Francisco, covering business and enterprise technology for ZDNet, CNET and SmartPlanet. She has previously worked for The Business Insider,, CNN's San Francisco bureau and the U.S. Department of State. Rachel has also written for, Irish Americ... Full Bio

zdnet_core.socialButton.googleLabel Contact Disclosure

Kick off your day with ZDNet's daily email newsletter. It's the freshest tech news and opinion, served hot. Get it.

Related Stories

The best of ZDNet, delivered

You have been successfully signed up. To sign up for more newsletters or to manage your account, visit the Newsletter Subscription Center.
Subscription failed.