Intel CEO Lip-Bu Tan Goes Against Musk As He Spins Off Robotics Business

Chip designer Intel Corporation has decided to spin off its robotics business RealSense, which will raise $50 million in funding. RealSense announced the spinoff earlier today, and the move is part of Intel CEO Lip-Bu Tan's bid to streamline his company and shed weight to allow Intel to compete in the semiconductor manufacturing industry. However, the spinoff of a business that targets the humanoid robot market appears to go against bold predictions made by investment banks and Elon Musk of robots representing a multi-trillion dollar opportunity over the next couple of decades. Intel Spins Off Robotics Business In Bid To […]

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