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
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.