Intel and Arm Reach Agreement on Startup Initiative Supporting AI Growth

188betLiên kết đăng nhập
Bloomberg / Contributor / Getty Images

Key Takeaways

  • Intel and Arm announced an agreement Friday to collaborate on an initiative providing financial, manufacturing, and intellectual property support to startups.
  • The companies suggested the move could help propel AI innovation.
  • As competition in the AI space heats up, Arm, Intel, and other key players such as Nvidia have invested significantly in startups.

Intel (INTC) and chip designer Arm (ARM) said Friday the companies finalized an agreement to collaborate on an initiative providing financial, intellectual property (IP), and manufacturing support to startups.

The collaboration, called the Emerging Business Initiative, was first announced at last month's Intel Foundry conference and builds on a partnership established last April, in a move the companies suggested could help propel innovation in artificial intelligence (AI).

"Startups play a crucial role in bringing the great promise of transformations like AI to reality. The Emerging Business Initiative provides a path for new companies to leverage leading-edge Arm-based SoCs and Intel Foundry’s global manufacturing capabilities to make their ideas real,” Intel Senior Vice President and General Manager of Foundry Services Stuart Pann said in a release.

Arm and Intel have both benefitted from booming demand for AI, and as competition in the space heats up, they along with other key players such as Nvidia (NVDA) have invested significantly in startups as part of their efforts to strengthen their positions as new technology develops rapidly.

Intel shares finished 0.4% higher at $42.57 Friday, while Arm shares gained 0.4% to $134.15. Shares of Intel have surged about 46% over the last 12 months, and Arm shares have more than doubled in value since the company went public in September.

Do you have a news tip for Investopedia reporters? Please email us at
Article Sources
Investopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy.
  1. Intel. "."
  2. Verge. “.”
Take the Next Step to Invest
The offers that appear in this table are from partnerships from which Investopedia receives compensation. This compensation may impact how and where listings appear. Investopedia does not include all offers available in the marketplace.
m88 trực tuyến nhacaiuytin link 12bet 2888k casino fb88 nhà cái w88