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News

Intel spins out AI robotics company RealSense

Reuters on MSN · 15h
RealSense spins out from Intel, secures $50 million to drive AI vision in robotics
Computer vision technology firm RealSense said on Friday it has completed its spinout from Intel Corp and secured $50 million in early-stage funding to accelerate expansion into the rapidly growing robotics sector.
Barron's on MSN · 21h
Intel Spins Out RealSense. What to Know About the AI Robot Developer.
The spinout comes as Intel attempts to overhaul its workplace culture, boost productivity, and reduce both operating and capital expenses during what new CEO Lip-Bu Tan has called a “make-or-break” moment. The company will report its second-quarter earnings on July 24.
CRN · 19h
RealSense Almost Died At Intel. Now It’s Spinning Out With $50M In Funding.
Nearly four years after Intel said it would “wind down” its RealSense computer vision business, the division has spun out with $50 million in funding, RealSense announced Friday.
Biometric Update
15h
RealSense targets robotics, 3D facial recognition security with $50M in hand
RealSense has cut the cord tying it to Intel Corp, where the 3D camera company was born, with $50 million in early-stage ...
15hon MSN
After layoffs, Intel announces new AI robotics arm; CEO Nadav Orbach says, ‘The timing is now for…’
Intel is spinning off its AI robotics and biometric venture, RealSense, after cutting 500 jobs. RealSense secured $50 million ...

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