Former Intel CEO Pat Gelsinger invested in British AI startup Fractile.ai

In early December last year, the Intel Corporation lost the general director, since under pressure from the Board of Directors Pat Gelsinger was forced to retire ahead of schedule. He has not spread about his further plans since then, but this week he admitted that he had invested in the British startup FRACTILE.AI.

Image Source: Intel

The retired head of Intel made the corresponding revelations on his own page on the social network X, briefly mentioning that the startup, in which he became one of the early investors, is developing technologies for computing at the level of memory chips. To make AI useful on a serious scale, Gelsinger concludes, it is necessary to significantly reduce the material costs and energy consumption of the corresponding systems, and Fractile.ai’s approach to solving this problem seems to him the most promising. He also admitted that he considered some of the similar ideas in his graduate work four decades ago, and he would be interested in seeing their implementation in mass solutions for AI computing.

With its developments, Fractile.ai strives to achieve the emergence of more profitable mass computing methods in artificial reasoning systems capable of reasoning. Several individuals and organizations have already become investors in the startup, investing about $15 million in its capital. Among them is Stan Boland, who previously worked at Arm in a management position and participated in the successful development of several companies involved in the development of chips and systems artificial intelligence.