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Intel pledges $125 million to invest in tech startups led by women, minorities

June 9, 2015 /

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Intel is launching a $125 million investment fund for technology startups led by women and minorities, a move the chipmaker says is aimed at changing the face of Silicon Valley.

The new fund, which is unusual for its focus on minority-led companies, is part of a broader effort that Intel CEO Brian Krzanich has launched amid widespread criticism of a U.S. tech industry dominated by white male executives and investors.

By BRANDON BAILEY, AP Technology Writer

Full Story: http://www.usnews.com/news/business/articles/2015/06/09/intel-launches-investment-fund-for-minority-women-led-firms

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