Intel Launches $1 Billion Fund to Build a Foundry Innovation Ecosystem

SANTA CLARA, Calif.--(BUSINESS WIRE)-- What’s New: Intel today announced a new $1 billion fund to support early-stage startups and established companies building disruptive technologies for the foundry ecosystem. A collaboration between Intel Capital and Intel Foundry Services (IFS), the fund will prioritize investments in capabilities that accelerate foundry customers’ time to market – spanning intellectual property (IP), software tools, innovative chip…

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