Intel Capital, the venture arm of the world’s biggest chipmaker, is unveiling it has invested $62 million in 16 tech startups today. The investments show that Intel is still bullish about funding new tech companies that could one day spur lots of purchases of its microprocessors and other gear.
Intel has long seen itself as having a role in accelerating the adoption of new technology, all made possible by the electronics revolution that rests on its chips. The company said it expects to invest $355 million this year, compared to $333 million last year.
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