Intel to invest $15m. in local research institute

The institute will conduct advanced research in the field of computational intelligence.

November 14, 2011 23:53
1 minute read.

Intel. (photo credit: PR)

Intel announced Monday a plan to invest $15 million over the next five years in a multi-university, collaborative research institute in Israel.

The institute will conduct advanced research in the field of computational intelligence, which explores ways of enabling computing systems to interact with users in a range of complex tasks, the company said.

It added that the research would focus on the integration of the key underlying technologies needed for computational intelligence: advanced processor architectures and machine learning techniques to process rich sensory data and convert it into intelligence.

“Intel has a long-standing relationship with the Israeli academic community,” Intel Israel general manager Maxine Fassberg said.

“With this new institute, we plan to take this relationship to the next level and it will encourage close collaboration among leading researchers and institutions across Israel.”

Intel, the world’s largest manufacturer of semiconductor chips, operates six development and manufacturing centers in Israel, led by its Fab 18 plant in the southern town of Kiryat Gat. It said its research institute would begin operations in early 2012, and that areas of research would be selected carefully to enable collaboration between academic researchers and the company’s own development experts.

Related Content

The Teva Pharmaceutical Industries
April 30, 2015
Teva doubles down on Mylan, despite rejection


Cookie Settings