Intel announces $100 million investment in university research

Will set up a network of Science and Technology Centres
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Intel announced an investment of $100 million in US university research over the next five years which the chipmaker described as a new model of collaboration.

The investment is aimed at driving innovations in computing and communications and will result in the opening of several Intel Science and Technology Centres at a number of different universities.

"The pace of technology change is getting faster. With today's announcement we are ensuring that Intel Labs' academic research support is adaptable and flexible. Our new approach should allow us to quickly and dynamically invest in the most promising academic work," said Intel CTO Justin Rattner.

The first centre to open will be at Stanford University and will focus on improving visual computing experiences for consumers and professionals, Intel said. 

In the past Intel Labs operated collaboration centres near research universities and the firm said that this meant a substantial portion of the firm's funding went into operating and staffing these facilities.

Intel said the move to local research centres within universities would "provide more dollars in the hands of researchers, and to encourage tighter collaboration between academic thought leaders in essential technology areas such as visual computing, security and mobile computing."

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