1 month ago
Intel Grants Atom Tech Access to New Startup RosaicLabs
Intel, a big chip maker, has given a new company called RosaicLabs a special part of its computer brain called Atom.
RosaicLabs was started in Delaware in May 2024 and is run by Amarjit Gill, who used to work with Intel’s boss Lip‑Bu Tan.
The team at RosaicLabs also has people who used to work at a company called Rivos.
With Intel’s help, RosaicLabs can now design its own tiny computer chips that use Intel’s technology.
The company can raise up to $10 million from investors and spend up to $5 million on its own projects without asking the board first.
Intel has supplied its Atom processor technology to startup RosaicLabs Inc., a rare licensing move.
RosaicLabs, founded in Delaware in May, is led by CEO Amarjit Gill, a former Rivos executive and co‑investor with Intel CEO Lip‑Bu Tan.
The startup’s team includes veterans from Rivos, including former finance chief Amit Parikh.
Intel will provide register‑transfer level (RTL) code for its Atom architecture, enabling RosaicLabs to design custom chips.
RosaicLabs can pursue a $10 million seed round and spend up to $5 million on capital expenditures without board approval.
- Who
- Intel and startup RosaicLabs Inc., led by CEO Amarjit Gill
- What
- Intel is providing access to its Atom processor technology and RTL code
- Where
- Delaware, United States
- When
- RosaicLabs was incorporated in May 2024 and the deal was disclosed in July 2024
- Why
- To enable RosaicLabs to design custom chips using Intel’s Atom architecture
Key facts
- Company
- RosaicLabs Inc.
- Technology
- Intel Atom
- CEO
- Amarjit Gill
- Funding
- $10 million seed round
- Location
- Delaware, United States
Sources
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