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Intel-backed Ignite launches deeptech accelerator programs

Intel-backed Ignite Deep Tech has launched updated acceleration programs to support deeptech startups at various developmental stages.

These programs include a flagship initiative for post-seed startups and a separate pre-seed program, backed by Intel and additional partners.

These initiatives follow the closure of Intel’s Ignite startup accelerator six months ago.

Ignite Deep Tech reemerged as an independent entity in December, supported by the Israel Innovation Authority, the Ministry of Economy, and Intel, which serves as its first client.

The current programs continue the foundation of Intel Ignite, with an expanded focus on early-stage deeptech ventures.

Recent Intel developments

Timeline
19-Feb-2025 📈 Intel stock jumps 16% on potential breakup rumor
  • Intel stock surged 16% to $27.39 on Feb. 18
  • Largest single-day gain since March 2020 reported
12-Feb-2025 👩‍💼 Intel taps Israeli executive as interim data center chief
  • Karin Eibschitz Segal named interim head of DCAI.
  • Justin Hotard leaves Intel to become Nokia’s CEO.
07-Feb-2025 🧑‍💼 Intel to cut 58 more jobs
  • Intel cuts 58 jobs at Folsom campus by March 31
  • Part of plan to save $10 billion by 2025
04-Feb-2025 🔧 Intel delays AI chip designed to rival Nvidia
  • Intel halts Falcon Shores AI processor launch
  • Focus shifts to Jaguar Shores chip development
31-Jan-2025 💰 Intel receives $2.2b funding from CHIPS Act

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