Intel investing $30 million for two new tech centers

Intel investing $30 million for two new tech centers
Intel Labs has announced today the investment of $30 million into two new Intel Science and Technology Centers (ISTC).

Both will be hosted at Carnegie Mellon University and the labs will focus on cloud and embedded computing research.

The investments are part of a greater $100 million plan to increase "university research and accelerate innovation."

Says the company:

These new ISTCs are expected to open amazing possibilities. Imagine, for example, future cars equipped with embedded sensors and microprocessors to constantly collect and analyze traffic and weather data. That information could be shared and analyzed in the cloud so that drivers could be provided with suggestions for quicker and safer routes.

Written by: Andre Yoskowitz @ 5 Aug 2011 16:47
Intel Investments Labs
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