Intel Corp. (INTC) said Intel Labs completed the roll-out of its $100 million Intel Science and Technology Center or ISTC program. The company stated that the seventh ISTC is focused on social computing and hosted at the University of California, Irvine in collaboration with several other universities.
The company noted that more than 20 research projects from around the globe explored technologies to change lives over the next 10 years, from smart cities, homes and offices to the way it shop, communicate and drive.
The company said Intel Labs showcased a 10th anniversary Hall of Fame, highlighting key technologies invented by Intel Labs over the past decade that are now incorporated in products that impact the world.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.