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Benzinga
Benzinga
Business
Paula Tudoran

Intel CEO Lip-Bu Tan Backs $24M Corintis Board As Startup Solves AI's Biggest Bottleneck Problem

Close-,Up,Of,Computer,Chip,With,Ai,Sign.,Artificial,Intelligence.

Semiconductor cooling startup Corintis announced on Sept. 25 that it closed a $24 million Series A funding round and a collaboration with Microsoft (NASDAQ:MSFT) that achieved a breakthrough chip cooling system three times more effective than current technology.

Lip-Bu Tan became a board director and investor at Corintis prior to his appointment as Intel (NASDAQ:INTC) CEO, Corintis said.

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