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Intel (INTC) to Spin Out AI-Based Software Firm Articul8
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Intel Corporation (INTC - Free Report) recently collaborated with DigitalBridge Group, Inc. (DBRG - Free Report) to launch an independent AI-based software firm dubbed Articul8 AI, Inc. The newly formed entity is reportedly an outgrowth of Intel’s collaborative work with Boston Consulting Group and seeks to focus on AI capabilities for tangible business outcomes.
Headquartered in Boca Raton, FL, DigitalBridge is a leading asset manager with more than 25 years of experience in investments in businesses across the digital ecosystem. It manages about $75 billion of global infrastructure assets. DigitalBridge Ventures, the venture initiative of DigitalBridge, served as the lead investor of Articul8.
Articul8 will offer enterprise customers a full-stack, vertically-optimized and secure generative AI (GenAI) software platform to help gain deeper insights and drive continuous improvement. Leveraging AI & ML technology, GenAI optimizes results by taking various inputs such as text, image, audio, video and code and helps generate new content. It typically imbibes patterns from training data and generates new, unique outputs with the same statistical properties.
With Articul8, Intel aims to develop a scalable and easy-to-deploy GenAI software platform that will unlock value from client’s proprietary data. This turnkey GenAI software platform delivers speed, security and cost-efficiency by keeping customer data, training and inference within the enterprise security perimeter and offers customers the choice of cloud, on-premises or hybrid deployment. Although the platform boasts Intel hardware architectures such as Xeon Scalable processors and Gaudi accelerators at the core, it will support a range of hybrid infrastructure alternatives.
As more and more business enterprises aim to integrate GenAI capabilities into their workflows, Articul8 is likely to gain wider industry acceptance. This is likely to benefit Intel and the broader ecosystem of customers and partners. In addition, with continued industry investments, it is likely to accelerate its go-to-market strategy and scale its product offerings for the broader GenAI ecosystem. These include a syndicate of established venture investors, including Fin Capital, Mindset Ventures, Communitas Capital, GiantLeap Capital, GS Futures and Zain Group, all of which have taken an equity interest in the company along with Intel.
In a concerted effort to regain its mojo, Intel recently launched AI chips for data centers and PCs. This marks one of the largest architectural shifts for the company in 40 years. The strategic decision is primarily aimed at gaining a firmer footing in the expansive AI sector, spanning cloud and enterprise servers to networks, volume clients and ubiquitous edge environments, in tune with the evolving market dynamics. The company also remains on track with its 5N4Y (five nodes in four years) program in order to regain transistor performance and power performance leadership by 2025.
The stock has gained 70.5% over the past year compared with the industry’s growth of 141.4%.
United States Cellular Corporation (USM - Free Report) , sporting a Zacks Rank #1, is the fourth largest full-service wireless carrier in the United States. The company provides a range of wireless products and services, and a high-quality network to increase the competitiveness of local businesses and improve the efficiency of government operations.
U.S. Cellular has taken concrete steps to accelerate subscriber additions and improve churn management. The company aims to offer the best wireless experience to customers by providing superior quality network and national coverage. It is well-positioned to support the investment required for network enhancements, including the deployment of 5G technology. The company is well-positioned for continued demand for broadband.
Workday Inc. (WDAY - Free Report) , carrying a Zacks Rank #2 (Buy), delivered a trailing four-quarter average earnings surprise of 13.24%. In the last reported quarter, it delivered an earnings surprise of 9.29%. It has a long-term earnings growth expectation of 26.5%.
Workday is a provider of enterprise-level software solutions for financial management and human resource domains. The company’s cloud-based platform combines finance and HR in a single system that makes it easier for organizations to provide analytical insights and decision support.
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Intel (INTC) to Spin Out AI-Based Software Firm Articul8
Intel Corporation (INTC - Free Report) recently collaborated with DigitalBridge Group, Inc. (DBRG - Free Report) to launch an independent AI-based software firm dubbed Articul8 AI, Inc. The newly formed entity is reportedly an outgrowth of Intel’s collaborative work with Boston Consulting Group and seeks to focus on AI capabilities for tangible business outcomes.
Headquartered in Boca Raton, FL, DigitalBridge is a leading asset manager with more than 25 years of experience in investments in businesses across the digital ecosystem. It manages about $75 billion of global infrastructure assets. DigitalBridge Ventures, the venture initiative of DigitalBridge, served as the lead investor of Articul8.
Articul8 will offer enterprise customers a full-stack, vertically-optimized and secure generative AI (GenAI) software platform to help gain deeper insights and drive continuous improvement. Leveraging AI & ML technology, GenAI optimizes results by taking various inputs such as text, image, audio, video and code and helps generate new content. It typically imbibes patterns from training data and generates new, unique outputs with the same statistical properties.
With Articul8, Intel aims to develop a scalable and easy-to-deploy GenAI software platform that will unlock value from client’s proprietary data. This turnkey GenAI software platform delivers speed, security and cost-efficiency by keeping customer data, training and inference within the enterprise security perimeter and offers customers the choice of cloud, on-premises or hybrid deployment. Although the platform boasts Intel hardware architectures such as Xeon Scalable processors and Gaudi accelerators at the core, it will support a range of hybrid infrastructure alternatives.
As more and more business enterprises aim to integrate GenAI capabilities into their workflows, Articul8 is likely to gain wider industry acceptance. This is likely to benefit Intel and the broader ecosystem of customers and partners. In addition, with continued industry investments, it is likely to accelerate its go-to-market strategy and scale its product offerings for the broader GenAI ecosystem. These include a syndicate of established venture investors, including Fin Capital, Mindset Ventures, Communitas Capital, GiantLeap Capital, GS Futures and Zain Group, all of which have taken an equity interest in the company along with Intel.
In a concerted effort to regain its mojo, Intel recently launched AI chips for data centers and PCs. This marks one of the largest architectural shifts for the company in 40 years. The strategic decision is primarily aimed at gaining a firmer footing in the expansive AI sector, spanning cloud and enterprise servers to networks, volume clients and ubiquitous edge environments, in tune with the evolving market dynamics. The company also remains on track with its 5N4Y (five nodes in four years) program in order to regain transistor performance and power performance leadership by 2025.
The stock has gained 70.5% over the past year compared with the industry’s growth of 141.4%.
Intel currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Key Picks
United States Cellular Corporation (USM - Free Report) , sporting a Zacks Rank #1, is the fourth largest full-service wireless carrier in the United States. The company provides a range of wireless products and services, and a high-quality network to increase the competitiveness of local businesses and improve the efficiency of government operations.
U.S. Cellular has taken concrete steps to accelerate subscriber additions and improve churn management. The company aims to offer the best wireless experience to customers by providing superior quality network and national coverage. It is well-positioned to support the investment required for network enhancements, including the deployment of 5G technology. The company is well-positioned for continued demand for broadband.
Workday Inc. (WDAY - Free Report) , carrying a Zacks Rank #2 (Buy), delivered a trailing four-quarter average earnings surprise of 13.24%. In the last reported quarter, it delivered an earnings surprise of 9.29%. It has a long-term earnings growth expectation of 26.5%.
Workday is a provider of enterprise-level software solutions for financial management and human resource domains. The company’s cloud-based platform combines finance and HR in a single system that makes it easier for organizations to provide analytical insights and decision support.