Intel’s project ‘Ignite’ to back Israeli AI startups

Intel Corp. on Sunday announced program ‘Ignite’ that aims to assist Israeli companies in developing technologies in artificial intelligence and autonomous systems. Intel will be setting up an open-innovation startup accelerator program that will help grow early-stage startup companies in Israel in key industries, including artificial intelligence, autonomous systems and other data-centric technologies.

The project is based in Tel Aviv, which will tap into Intel’s global market access, business and technology know-how to provide the selected startups with guidance and mentorships for them to grow. The project will offer business and technical support to up to 15 startups

“Israel has the deep skill base in AI, autonomous systems and the underlying technologies critical to these inflections that make it a natural choice to launch our Ignite program,” said Intel’s Chief Executive Bob Swan. “This program is about how we continue to stimulate ecosystems here in Israel and around the globe by giving opportunities and the chance to bring the size and scale of Intel to the ideas and dreams of entrepreneurs.”

“This program is about how we continue to stimulate ecosystems here in Israel and around the globe by giving opportunities and the chance to bring the size and scale of Intel to the ideas and dreams of entrepreneurs,” said Intel CEO Bob Swan.

“Ignite will build deeper business and technical collaborations between Intel and local startups with the goal to accelerate their growth and help scale their impact,” said Swan.

Intel Architecture, Graphics and Software Group vice president Avner Goren will connect Ignite to the company’s technical community.

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