Intel creates $100M fund for more 'human-like' devices

Intel creates $100M fund for more 'human-like' devices

Summary: Company to invest in companies to drive development of software and applications related to "sensing" technology and perceptual computing in devices across its architectural platform.

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TOPICS: Hardware, Intel, Mobility
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Intel is investing in development of more "human-like" devices with broader touch applications, imaging, gesture, voice and emotion sensing and biometrics.

Intel Capital, the chip giant's global investment and M&A arm, has created a US$100 million investment fund to accelerate the development of "human-like" sensing technology in devices across its architecture platform.

According to a statement released Tuesday, the company said at the Computex event in Taiwan the new fund named the "Intel Capital Experiences and Perceptual Computing Fund", will invest in startups and companies over the next two to three years.

The areas of software and application investment include broader touch applications, imaging, gesture, voice and emotion sensing and biometrics.

With the fund, Intel will help these companies with business development support, global business network and technology expertise needed to scale for worldwide use.

“Devices with human-like senses--the ability to see, hear and feel much like people do--has long been a subject of science fiction but is now within reach given recent innovations in compute power and camera technology,” Arvind Sodhani, president of Intel Capital and Intel executive vice president, said in the statement.

The fund complements Intel Capital's existing Ultrabook Fund started in August 2011, a US$300 million investment in innovative system component technologies in areas such as audio, touch, battery, display, sensor and wireless connectivity to make the Ultrabook device thinner, lighter, more secure and responsive.

Topics: Hardware, Intel, Mobility

Ellyne Phneah

About Ellyne Phneah

Elly grew up on the adrenaline of crime fiction and it spurred her interest in cybercrime, privacy and the terror on the dark side of IT. At ZDNet Asia, she has made it her mission to warn readers of upcoming security threats, while also covering other tech issues.

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  • I nominate:

    Stephen Byerly for President and Susan Calvin for Vice President!

    Later, Daneel Olivaw, AKA Eto Demerzel, and Giskard Reventlov.
    jallan32