Intel announced a new $1 billion fund to support early-stage startups and established companies building disruptive technologies for the foundry ecosystem.
A collaboration between Intel Capital and Intel Foundry Services (IFS), the fund will prioritise investments in capabilities that accelerate foundry customers’ time to market – spanning intellectual property (IP), software tools, innovative chip architectures and advanced packaging technologies.
Intel also announced partnerships with several companies aligned with this fund and focused on key strategic industry inflections: enabling modular products with an open chiplet platform and supporting design approaches that leverage multiple instruction set architectures (ISAs), spanning x86, Arm and RISC-V.
As a key part of its IDM 2.0 strategy, Intel recently established IFS to help meet the growing global demand for advanced semiconductor manufacturing. In addition to providing leading-edge packaging and process technology and committed capacity in the U.S. and Europe, IFS is positioned to offer the foundry industry’s broadest portfolio of differentiated IP, including all of the leading ISAs.
A robust ecosystem is critical to helping foundry customers bring their designs to life using IFS technologies. The new innovation fund was created to strengthen the ecosystem by equity investments in disruptive startups, strategic investments to accelerate partner scale-up and ecosystem investments to develop disruptive capabilities supporting IFS customers.
Intel said RISC-V offers a level of scalability and customisation that is unique in the industry. There is strong demand from foundry customers to support more RISC-V IP offerings. As part of the new innovation fund, Intel is planning investments and offerings that will strengthen the ecosystem and help drive further adoption of RISC-V.
Intel is joining with partners in the RISC-V ecosystem, including Andes Technology, Esperanto Technologies, SiFive and Ventana Micro Systems. IFS plans to offer a range of validated RISC-V IP cores, performance-optimised for different market segments.