This'll be good for you, don't you worry, CFO tells venture fund while pulling back the sling Stricken silicon giant Intel has decided it doesn’t want to be the sole investor in its venture capital operation,

Intel will spin off its venture capital unit as the troubled US chipmaker seeks to cut costs and faces more scrutiny over its investments in China. Intel said on Tuesday it would separate Intel Capital,

Intel, which will remain an anchor investor, said the standalone operations are expected to begin in the second half of 2025 and will have a new name. The existing Intel Capital team will move to the new company.

Intel says that it plans to spin off its corporate venture arm, Intel Capital, into a standalone fund, with Intel as an "anchor investor."