Intel has confirmed that it will spin off its RealSense computer vision division into a separate entity, with a target separation date in 2025. The division, which focuses on AI-powered technologies such as stereo vision, robotics, and biometrics, will be led by Israeli executive Nadav Orbach. Intel's decision follows a strategic review of RealSense’s specific needs, despite earlier plans in 2021 to shut down the operation.
The newly independent company will continue to develop solutions from Intel’s RealSense portfolio, including depth cameras, facial authentication systems, autonomous mobile robotics, and physical therapy solutions. Additionally, the company plans to expand its offerings to incorporate new innovations in stereo vision, robotics, and biometrics AI hardware and software.
RealSense has a significant presence in Israel, employing around 100 people, and will continue to operate with Intel’s support during the transition period. This move echoes Intel's earlier spinoff of Mobileye, which became a publicly traded company.
Intel's broader strategic challenges and leadership changes, including the unexpected departure of CEO Pat Gelsinger in December, highlight the evolving landscape at the company. Despite ambitious plans to revitalize Intel through major investments in manufacturing and AI, the company has faced execution challenges, including delays in building new factories and large-scale cost-cutting measures, such as the recent layoffs and reduction of its real estate holdings.
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