9 stories
today

Intel to invest $30 million into cloud computing

Intel Corporation, the world’s largest chip maker, is planning on investing $30 million dollars to strengthen its cloud computing research in the next five years. Intel has launched two new tech centers and has invited researchers to submit their ideas.

Intel plans on opening two Intel Science and Technology Centres (ISTC), which will be hosted at Carnegie Mellon University.

“These new ISTCs are expected to open amazing possibilities. Imagine, for example, future cars equipped with embedded sensors and microprocessors to constantly collect and analyse traffic and weather data. That information could be shared and analysed in the cloud so that drivers could be provided with suggestions for quicker and safer routes. Intel labs will put $30 million over the next five years in two new ISTCs at Carnegie Mellon aimed at shaping the future of cloud computing. It’s thinking built-in application optimisation, more efficient and effective support of ‘big data’ analytics and making the cloud more distributed and localised by extending cloud capabilities to the network edge and client devices,” Intel stated.

Justin Rattner, Intel’s Chief Technology Officer, further states that “these capabilities could enable a digital personal handler via a device wired into your glasses that sees what you see to constantly pull data from the cloud and whisper information to you during the day – telling you who people are, where to buy an item you just saw, or how to adjust your plans when something new comes up.”

These two new ISTC’s are a part of a $100 million dollar ISTC initiative to increase university research and accelerate innovation. Intel hopes to create innovation in areas such as visual computing and secure computing.

Further reading: ,