Apart from DigitalBridge Group, Articul8 AI has attracted various other investors including Fin Capital, Mindset Ventures, GiantLeap Capital, Zain Group etc.
Semiconductor giant Intel has announced the formation of a new independent company focusing on its artificial intelligence software ventures, named Articul8 AI. The formation of Articul8 AI, represents a strategic move by Intel to advance and capitalise on its AI technology developments.
The new company is a result of Intel’s collaborative work on corporate AI technology initially conducted with Boston Consulting Group (BCG). Using its supercomputing resources, Intel developed a generative AI system capable of processing text and images. This system combined open-source technology with Intel’s proprietary developments. To meet the specific needs of BCG, particularly in terms of privacy and security, Intel adapted this system to operate within BCG’s data centres.
Arun Subramaniyan, previously vice president and general manager in Intel’s data centre and AI group, will lead Articul8 as its chief executive. Subramaniyan noted that many potential customers have expressed concerns about entrusting their data to large cloud computing companies for AI processing, primarily due to privacy and security issues. There were apprehensions about the escalating costs associated with widespread employee usage of such AI systems.
Apart from DigitalBridge Group, a publicly traded digital-focused asset manager and a significant investor in data centres, Articul8 AI has attracted various other investors. These include Fin Capital, Mindset Ventures, Communitas Capital, GiantLeap Capital, GS Futures, and Zain Group.
Articul8 AI aims to bridge a critical gap in the field of generative AI. According to Subramaniyan, while constructing a proof of concept in AI is relatively straightforward, the real challenge lies in deploying these solutions into production in a safe, cost-effective, and sustainable manner.