FB pixel

Intel Capital earmarks $100 million for ‘perceptual’ computing technologies, including biometrics

Categories Biometrics News
 

Intel Capital is putting together a $100 million fund for ‘perceptual’ computing technologies, including biometrics.

According to a report in The Wall Street Journal, Intel Capital, the investment wing of Intel has said the fund will invest in firms making software and applications such as imaging, gesture and voice control, emotion sensing and also, biometrics.

Making the announcement, Gregory Bryant, Intel vice-president for the Asia-Pacific region said the technologies will be prevalent and will enhance the way users interact with computers, during an interview with the Journal this week at Computex, a computer trade show in Taiwan.

“The idea of the $100 million fund is you go find companies that have those kinds of innovative breakthroughs and help get them to work,” Bryant said in the interview.

The company has been exploring the possibilities for more than a year, and has recently launched a competition with $1 million in prizes for developers who use Intel’s SDKs, Relaxnews reports.

Reported previously, Intel Capital has previously invested in the biometric space. In December, the venture group completed a strategic investment in Validity Sensors, as a part of the company’s Series E financing.  Including Intel’s invesment, along with others from World Fair and DDS bring the total Series E capital commitments to more than $22 million.

 

Article Topics

 |   | 

Latest Biometrics News

 

A digital wallet is the first step: How Estonia built its digital state

Erika Piirmets has been a digital citizen since she was a child. When she started primary school in Estonia in…

 

Biometric age estimation graduates with high marks from NIST, ACCS

The inaugural evaluation of biometric age estimation technologies previewed at the Global Age Assurance Standards Summit 2024 has been published….

 

Specification to unite decentralized identity schemes opens door to new applications

The decentralized identity community is integrating OpenID’s protocols for verifiable credentials with DIDComm to give businesses a way to utilize…

 

Nametag patents method for solving user lockouts during MFA resets

Resetting a password for an account with multi-factor authentication (MFA) enabled can often lead to challenges that sometimes require users…

 

Sumsub puts numbers to deepfakes preceding elections; govts take action

An internal analysis conducted by Sumsub shows a substantial rise in deepfake content leading up to the 2024 elections in…

 

IBM loses institutional investor over biometrics sales to Israel

A major Norwegian assets management company Storebrand says it has got rid of its investments in US technology company IBM…

Comments

4 Replies to “Intel Capital earmarks $100 million for ‘perceptual’ computing technologies, including biometrics”

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Most Read This Week

Featured Company

Biometrics Insight, Opinion

Digital ID In-Depth

Biometrics White Papers

Biometrics Events