Summary
Intel Capital is spinning out from Intel to become an independent entity. The move aims to provide the firm with more autonomy and flexibility in its investment decisions. The new firm will be called something other than Intel Capital, but it's expected to keep investing in early-stage startups in AI, cloud, devices, and frontier tech.
Key Points
The spinout is expected to be completed by the third quarter of 2025.
Intel will remain an anchor investor for the new firm.
The new firm will invest in early-stage startups in AI, cloud, devices, and frontier tech.
Why It Matters
This move marks a significant shift for Intel Capital, as it becomes a standalone entity with more control over its investment decisions. The spinout is expected to provide the firm with greater flexibility and autonomy.
Author
Rebecca Szkutak