The CHIPS Act can be seen as a direct result of a number of pressing geopolitical issues.
The above, coupled with long-standing efforts to revitalize U.S. industry, spurred on economic efforts to reshore manufacturing.
While the CHIPS Act was still winding its way through Capitol Hill, Intel announced plans to open a $10 billion manufacturing facility just outside of Columbus, Ohio.
It says it expects those efforts will create 20,000 construction and 10,000 manufacturing jobs — music to the ears of an administration keenly focused on monthly jobs reports.
Notably, Intel recently pushed back the manufacturing start date of its New Albany, Ohio, plant two years to 2027, citing changes to the business environment.
Called Articul8 AI (an awkward abbreviation of “Articulate AI”), the new entity builds off a proof-of-concept from an Intel collaboration with Boston Consulting Group (BSG) early last May.
Reuters reports that Intel, using its hardware and a combination of open source and internally-sourced software, created a gen AI system that can read text and images — running inside BCG’s datacenters to address BSG’s security requirements.
“Articul8’s gen AI software product was built from the ground up to address the needs of enterprises and is optimized for speed of deployment, scalability, security and sustainability — including costs,” the spokesperson told TechCrunch via email.
“The Articul8 platform delivers AI capabilities that keep customer data, training and inference within the enterprise security perimeter.
“Intel and Articul8 will remain strategically aligned and Intel plans to leverage Articul8’s enterprise gen AI software for internal use cases as well as offer it to end customers as part of a joint go-to-market partnership,” the spokesperson said.
