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News and Insights

Xevo Inc. Announces Acquisition by Lear Corporation

Our portfolio company Xevo Inc., a leading automotive software supplier, has entered into an agreement to be acquired by Lear Corporation, a global automotive technology leader, for $320 million.

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Element AI Co-Founder Yoshua Bengio Wins Turing Award

Yoshua Bengio, co-founder of our portfolio company Element AI, has received the A.M. Turing Award, often referred to as the “Nobel Prize of Computing.” Bengio, who is also a professor at the Université de Montréal and scientific director of Quebec's Artificial Intelligence Institute, received the award for his conceptual and engineering breakthroughs in AI.

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Intel Capital Announces $117M in New Startup Investments at Annual Global Summit

At its annual gathering of entrepreneurs, VCs and Global 2000 leaders, Intel Capital announced a record investment in 14 companies that are disrupting the future.

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Matroid CEO Reza Zadeh: “Why data is NOT the new oil”

In a VentureBeat blog, the CEO of Intel Capital portfolio company Matroid argues that while data may have been equivalent to fuel in years past, the evolution of digital business has rendered that notion obsolete.

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