logo
Plus   Neg
Share
Email

Intel Launches Tech Accelerator Program 'Ignite' In Israel

Intel Corp. (INTC) said Sunday that it launched an 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 program, called Ignite, will select 10 to 15 pre-seed to seed-stage start-ups to participate in a 20-week program, with Intel and industry experts mentoring entrepreneurs on product, business, management and technical development.

The Ignite program will begin operations in Israel this year. Intel plans to subsequently expand the program to additional countries.

Intel said it has no plans to seek equity in or rights to intellectual property from selected companies.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Facebook has launched its new payment platform called 'Facebook Pay' in the U.S., joining other tech giants like Google and Apple that have their own payment platforms. The new service will be available across Facebook and its associated apps - Messenger, Instagram and WhatsApp, the social media giant said in a blog post. The payment service supports most major credit and debit cards. Amneal Pharmaceuticals, LLC recalled certain lots of heartburn medication Ranitidine in the form of tablets and syrup for the potential presence of nitrosamine impurity, N-Nitrosodimethylamine, above levels established by the U.S. Food and Drug Administration or FDA. The generic and specialty pharma company is recalling 94 lots of Ranitidine tablets and Syrup. The U.S. Department of Justice said it settled with a Florida-based IT recruiting and staffing company for immigration-related discrimination against non-U.S. citizens, including asylees. Perspective Talent LLC, a Pembroke Pines company, was found by the DOJ to have posted discriminatory job advertisements that unlawfully excluded individuals who are authorized to work in the U.S.
Follow RTT
>