Intel Capital

Intel Capital is a division of Intel Corporation, set up to manage corporate venture capital, global investment, mergers and acquisitions. Intel Capital makes equity investments in a range of technology startups and companies offering hardware, software, and services targeting artificial intelligence, autonomous technology, data center and cloud, 5G, next-generation compute, semiconductor manufacturing and other technologies. The firm is one of the most active American investors in the Chinese artificial intelligence industry.

History
Intel Capital was set up in 1991 by Les Vadasz, and Avram Miller. It was originally called Corporate Business Development (CBD). This organization was primarily established to support the development of Intel's ecosystem through equity investments in strategic companies. Intel, during this period, mainly invested in American companies, and in 1998 95% of investment was in the USA. The bulk of these companies were those engaged in the manufacture and development of chips, equipment and software that fuel the demand for high-end personal computers. It also acquired startups that augment its foothold in the communications and information processing industries since these are favorable to Intel's microprocessors.

Over time, investment in non-US companies increased, and by 2012 international investments accounted for about 57%. Intel Capital has invested more than US$12.5 billion in over 1,550 companies in 57 countries. In that timeframe, over 200 portfolio companies have gone public on various exchanges around the world, and more than 325 were acquired or participated in a merger.

In 2014, Intel Capital has 26 offices, including in Belgium, Brazil, China, India,  Germany, Ireland, Japan, Israel, Nigeria,  Poland,  Russia,  Singapore, South Korea, Taiwan, Turkey, UK, USA. It became the world's largest corporate venturing program in the technology segment and has invested in both established firms and startup companies.

Investments
Intel Capital investments include Actions Semiconductor, AlterGeo, AppyStore, AVG, Bellrock Media, Box, Broadcom, Cloudera, CNET, Citrix Systems, Elpida Memory, Gaikai, Gigya, IndiaInfoline.com,  Inktomi, Insyde Software, Integrant Technologies, July Systems, Kingsoft, LogMeIn, Mall.cz, Marvell, Mellanox, Mirantis, MongoDB, MySQL, NIIT, Ondot Systems, PCCW, Red Hat, Rediff.com, Research in Motion (Blackberry), Saffron Technology, Sasken, StarkWare Industries, Smart Technologies, Snapdeal, Sonda, Sohu.com, Stratoscale, TechFaith, Trigence, VMware, Volocopter and WebMD. In 2014 Intel Capital has made $62 Mn investment in 16 tech startups,

Intel Capital began investing in the artificial intelligence sector. It invested $10 million in Lumiata, a small analytics firm that specializes in medical AI, in 2016. In September 2017, According to the reports, Intel Capital invested $1 billion into AI startups including Mighty AI, Data Robot and many more. In 2020 Intel Capital invested in Jio Platforms. It was also part of the investors that injected $102 million in series A funding to Element.ai, a company seeking to democratize AI access.