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Technology / AI and automation

Intel Capital unveils $100m fund for perceptual computing

Intel Capital has created a $100m investment fund to accelerate the development of software and applications for human-like devices.

The fund, dubbed Intel Capital Experiences and Perceptual Computing Fund, will invest over the next two to three years in devices including broader touch applications, imaging, gesture, voice and emotion sensing and biometrics.

Intel said that the fund is part of company’s aim to integrate human-like sensing technology into devices to deliver more natural, intuitive and immersive computing experiences.

The company said, since introduction of its perceptual computing initiative in 2012, the Perceptual Computing Software Developer Kit (SDK) has been downloaded over 10,000 times.

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Intel Capital president and Intel executive VP, Arvind Sodhani, said devices with human-like senses – the ability to see, hear and feel much like people do – has long been a subject of science fiction but is now within reach given recent innovations in compute power and camera technology.

"This new fund will invest in start-ups and companies enabling these experiences, helping them with the business development support, global business network and technology expertise needed to scale for worldwide use," Sodhani said.

The new fund will complement the existing Intel Capital’s $300m Ultrabook Fund, which was introduced for improvements in audio, touch, battery, display, sensor and wireless connectivity.

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CBR Staff Writer

CBR Online legacy content.