Intel providing chip technology to startup led by co-investor of Tan in rare deal

Intel is reportedly engaging in a rare partnership, supplying its advanced chip technology to a startup led by a co-investor of Malaysian businessman Desmond Tan. This move signifies a notable departure from Intel's typical strategy of keeping its core technology in-house.

The startup's founder, who has a background as a co-investor with Tan, is a seasoned executive with previous experience at prominent technology companies. This collaboration suggests a strategic effort by Intel to leverage its technological prowess in new market segments or to support emerging players in the semiconductor ecosystem.

Details surrounding the specific nature of the technology transfer and the startup's intended applications remain undisclosed. However, the involvement of Intel, a titan in the semiconductor industry, lends significant weight to the venture. The deal underscores a potential shift in Intel's approach to technology dissemination, possibly driven by evolving market dynamics or a desire to foster innovation through external partnerships.