alt Hacker NewsIntel does these "throw spaghetti on the wall" kind of investments into potientially interesting companies/technologies all of the time - and have done so for decades.
Every time the recipient hypes the shit out of it, of course.
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behaviors • yesterday at 6:16 PM
Most of the big hit's in tech had a trendy index swinging moment, Intel has been searching for one for a long time since AMD64 undercut the Itanium. Hype drives a currently multi-billion dollar bubble. It's not always a bad idea to throw our holy noodles at the wall. You might find they hover is the sky and grow meatballs, could be big.
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The main problem is that they often don't stick with it.
As far as I can tell, Intel more-or-less pioneered the idea of SSDs being the best storage rather than the cheap storage, for instance. The X25-M and X25-E were absurdly good. Then, once the market was established...they pulled out of it.