Intel is one of the biggest names in the technology. The Santa Clara based company is a giant in the semiconductor chip business. For 2011, the company had total revenue of astonishing $54,0 billion, and was ranked 58, in the 100 most valuable brands ranking.
The company, yesterday, announced that it will invest more than $40 million over the next 5 years in a worldwide network of university research communities called the Intel Collaborative Research Institutes (ICRI). The goal of the program is to bring together the experts from academia and industry to help explore and invent in the next generation of technologies.
The invest program will have 3 institutes located in 3 different countries.
The ICRI for Sustainable Connected Cities, United Kingdom. This joint collaboration among Intel, Imperial College London and University College London aims to address challenging social, economic and environmental problems of city life with computing technology .
The ICRI for Secure Computing, Germany. At this Institute, Intel and the Technische Universität Darmstadt will explore ways to dramatically advance the trustworthiness of mobile and embedded devices and ecosystems.
The ICRI for Computational Intelligence, Israel. In a joint collaboration with the Technion-Israel Institute of Technology in Haifa and the Hebrew University in Jerusalem, the ICRI will explore ways to enable computing systems to augment human capabilities in a wide array of complex tasks.