Intel Labs is opening up its deep pockets once again today, announcing a $100 million cash investment in U.S. university research over the next 5 years. The company plans to develop and open several branded “Intel Science and Technology Centers” at a number of universities for sponsored research and innovation throughout 2011.
The first Center will be built at Stanford University and will focus on creating innovations around cloud-computing, says Intel. Researchers at Stanford will collaborate with a community of researchers from seven other universities and Intel’s Core processor with combined visual and 3-D graphics will “be a key R&D platform” for researchers. Other focus areas of Intel Research Centers will include visual computing, mobility, security and embedded solutions.
Intel Labs has previously run centers near research universities but this is the first collaborative effort for the company with university research facilities. Intel says that the new venture is expected to give researchers 5 times more funding compared to the previous approach.
Intel is best known for producing the microprocessors found in many personal computers. The company also makes a range of other hardware including network cards, motherboards, and graphics chips. Intel created the first commercial microprocessor chip in 1971, but it was not until the success of the personal computer that microprocessors became their primary business. In the 1980’s they were an early developer of SRAM and DRAM memory chip, and during the 1990s they invested heavily in new microprocessor...