Intel Throws $30 Million into Cloud and Embedded Computing

Back in early 2009, we ran a piece in the QuickStart section of Maximum PC magazine on what effect the recession was having on the tech sector and what it might mean for company roadmaps. For that piece, an Intel spokesperson told us during a phone interview the chip giant has been through tough economic times before and the company understands "you can't save your way out of a recession; you spend your way out." It's over two years later now, times are still tough, and Intel is still spending money.
Announced on Wednesday, Intel Labs said it's investing $30 million on two new Intel Science and Technology Centers (ISTC) located at Carnegie Mellon University. These new centers will focus on c... »read more

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