Intel announces 10 initiatives aimed at changing the world

Intel Ignite, which was first launched in Tel Aviv and spread to other countries to accelerate early-stage initiatives by Intel, 10 startups selected for the fourth group in Munich, Germanyannounced the.

According to the news shared by TechInside, more than 260 European startups applied to the current program, and 85 of them went through an extensive due diligence process by the Intel Ignite team and Intel technology experts. Startups will work intensively for 12 weeks with Intel’s technologists, investors, entrepreneurs and leading industries to accelerate their growth.

Innovations from the Intel Ignite program include making autonomous driving safer, reducing the energy consumption of hardware and cloud data centers, accelerating and improving AI algorithms, making AI more transparent, and more.

Intel made profits again in the third quarter!

Intel is trying to recover after the second quarter, where it announced a net loss of 454 million dollars, which was quite difficult for itself.

10 European startups selected for Intel Ignite

Black Semiconductor (Germany) – Black Semiconductor is developing graphene-based photonic interfaces for data exchange on and between electronic microchips.

Ceramic Data (Germany) – Ceramic Data develops a process for permanent, secure storage and archiving of data in glass.

Corintis (Switzerland) – Corintis develops processes and artificial intelligence-based software for efficient liquid cooling on microchips.

DeepScenario (Germany) – With DeepScenario’s AI technology, companies can train, test and validate autonomous driving systems at scale.

Signaloid (UK) – Signaloid transparently calculates and monitors the quality of a data source in real time.

LightCode Photonics (Estonia) – LightCode Photonics is developing a method for creating a high-resolution 3D image model from simple, low-cost image sensors.

Luminovo (Germany) – Luminovo develops software for the electronics industry to optimize communication and processes throughout the entire value chain in the product lifecycle.

Software Defined Automation (Germany) – Optimizing and automating manual processes in factories by connecting industrial plants and machines to the cloud platform. Thus, maintenance can be done centrally.

Space Forge (England) – Space Forge is building the world’s first reusable satellite, which enables the benefits of the space environment (zero gravity, vacuum, low temperature) to be used for semiconductor manufacturing, which cannot be made equivalently on Earth.

TYTN (UK) – TYTN develops innovative compression and optimization algorithms for AI that significantly reduces the size of training data models.

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