Intel to spend $40 million on international university research

Intel to spend $40 million on international university research

SAN FRANCISCO—Intel Corp. said Thursday (May 24) it plans to plough more than $40 million into a worldwide network of university research centers over the next five years in an international counterpart to the company's U.S.-based Intel Science and Technology Centers program (ISTCs).

The Intel Collaborative Research Institutes (ICRI) will bring together experts from academia and industry to help explore and invent next-generation technologies, Intel said.

"The institute’s goal is to bring together experts from both academia and industry to form a new collaborative research community," said Justin Rattner, Intel's chief technology officer, in remarks introducing the program in London. "As we join with our academic and other industrial collaborators, we see the opportunity to collectively research and create an evolutionary leap for cities in terms of resource efficiency, new services and ease of living."

Intel announced in January 2011 plans to invest $100 million in U.S. university research over five years to establish ISTCs. Since then, the company has established five ISTCs at four prestigious U.S. schools, with several other universities participating in the research.

Intel said Thursday the ICRIs would collaborate amongst earch other, with their own multi-university communities and with other ICRI to strenghten its global research network.


Justin Rattner, Intel's chief technology officer, announces the company's new international university research program at a speech at 10 Downing Street, London.
Source: Intel Corp.

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