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AsiaPac · 53 mins ago

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

SAN FRANCISCO/WILMINGTON, Delaware, July 29 : Intel has provided access to some of its processor technology to a new startup, according to a source and documents reviewed by Reuters, in a rare move for the U.S. chipmaker.Intel CEO Lip-Bu Tan and the startup's boss are longtime co-investors. The startup, RosaicLabs Inc., filed its first Delaware incorporation documents in May, according to a certificate of incorporation from the state. Reuters could not locate a web page or LinkedIn profile for the company, as is common with early-stage chip startups operating in secrecy.Rosaic's CEO is Amarjit Gill, according to an amended filing in July, a seasoned venture capital investor and chip industry executive who helped Tan build the founding team at another chip company called Rivos, which Meta a
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