Intel invests NIS 55M in research institute - Israel Business, Ynetnews
 
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Intel Israel CEO Maxine Fassberg Photo: Israel Hadari
Intel Israel CEO Maxine Fassberg Photo: Israel Hadari
 
 

Intel invests NIS 55M in research institute

Funds to be invested over five-year period. Institute a joint venture of several of Israel's academic institutes; computer chip giant to be in charge of research on enhancement of human cognition with computers

Meir Orbach, Calcalist
Published: 11.15.11, 08:34 / Israel Business

Intel announced on Monday it would invest NIS 55 million (about $19 million) over a five-year period in the establishment of a new research institute, together with Israeli academic institutes.

 

The institute will conduct research on computational intelligence and will study ways in which computer systems may enhance the abilities of the human brain in a vast array of complex tasks such as the analysis of mega volumes of information, comprehension of complex input, computational decision making and intelligible communication with humans.

 

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The institute will focus on computational intelligence infrastructure technologies: Advanced processor architecture, computer system methods, courseware for sensor input processing and its conversion to artificial intelligence.

 

The institute will operate under the joint management of Intel and academic researchers and is expected to commence its activities in the beginning of 2012.

 

"The new institute underscores Intel's commitment to the next generation of innovation by establishing and funding a joint academic research initiative," says Corporate Vice President and director of Intel Lab Justin Rattner.

 

"Intel has a long standing relationship with Israel's academic community," added Intel Israel CEO Maxine Fassberg. "The new institute will enable us to enhance and enrich this relationship and it will encourage the close collaboration between leading researchers and research institutes in Israel."

 

Intel operates six development and production facilities in Israel. The institute's research topics will be determined such as to promote the collaboration between Intel's development experts and academic researchers.

 

"We believe that sensor capacities will become an integral part of future computer systems and that people will utilize our systems to interpret the input", says General Manager, Microprocessor and Chipset Development, Ron Friedman.

 

Click here to read this report in Hebrew

 

 

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