Intel Capital is the venture capital arm of the chip giant Intel. It’s invested over $12 billion since it was started in 1991. Lately, it’s focused on big data, artificial intelligence, robotics and diversity. In 2015, it announced the $125 million Intel Capital Diversity Fund, which is to be invested in female and minority startup founders. Two and a half years later, after they’d invested all that money, the Diversity Fund became the Diversity Initiative with a broader definition of diversity. Marketplace Tech host Molly Wood spoke with Christine Herron, one of the leaders of the fund, about its evolution. (05/30/2018)
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Diverse startups could get traction from chip giant Intel
Intel Capital has been funding diverse startups for a few years. Now it's broadened its definition of diversity.