Intel divests venture capital arm
Briefly

Intel plans to spin off Intel Capital as an independent company, enabling it to raise outside funding. This strategic shift aims to streamline operations and improve performance.
Intel is undergoing structural changes, including leadership transitions and cost-cutting measures, as it grapples with its worst stock performance since 1971 and aims to regain market share.
Founded in 1991, Intel Capital pioneered corporate venture capital, a model now emulated by tech giants like Google and Microsoft, demonstrating its significant impact on the investment landscape.
As corporate venture capital peaked in 2021, Intel seeks to reposition itself in a competitive market by redefining its venture strategy and possibly renaming Intel Capital.
Read at Techzine Global
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