"Intel and DigitalBridge Unveil Articul8, a Joint Venture in Enterprise Generative AI"
Intel has announced the creation of a new independent company, Articul8 AI, focusing on artificial intelligence software, with investment from DigitalBridge Group and other investors. The company, which will not be publicly traded, stems from Intel's collaboration with Boston Consulting Group and aims to address the challenges of implementing AI in a secure, cost-effective manner for businesses. Articul8 AI will operate with an independent board, and Intel will remain a shareholder. This move is part of Intel's broader strategy to seek external capital for its business units, following similar actions with Mobileye Global and its programmable chip unit.