Intel spins out AI robotics company RealSense with $50 million raise
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Tech companies like Tesla and Amazon have bet big on robotics technology and automation.
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cryptocurrency
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July 11, 2025
12:57 PM
CNBC
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Intel said it is spinning out its artificial intelligence robotics and biometric venture RealSense and announced a $50 million funding round
RealSense, which makes tools and nology for robotics automation, said it plans to use the funding to develop new duct lines and meet growing demand
Companies Tesla and Amazon have bet big on robotics nology and automation
In this articleINTC your favorite stocksCREATE FREE ACCOUNTBrian Krzanich, chief executive officer of Intel Corp. , right, shows the collision avoidance feature of an AscTec Firefly drone with Intel RealSense cameras during the 2015 Consumer Electronics Show (CES) in Las Vegas, Nevada
Fallon | Bloomberg | Getty ImagesIntel is spinning out its artificial intelligence robotics and biometric venture as more companies bet big on automation tools
The new company, known as RealSense, was announced Friday and comes alongside a $50 million Series A funding round that includes MediaTek Innovation Fund and Intel Capital, the chipmaker's venture arm that it is also spinning out
RealSense, which makes the tools and nology for robotics automation, said it plans to use the funding to develop new duct lines and meet growing demand worldwide
Nadav Orbach, Intel's current vice president and general manager for incubation and disruptive innovation, will serve as CEO. "The timing is now for physical AI," as the nology gains more use cases and traction, Orbach told CNBC in an interview. "We want to develop new duct lines
We see the demand and we see the need, and with where it's at right now, the right thing for us was to raise external funds. "Companies across the globe have ramped up investment in the burgeoning robotics space as AI use cases expand
Read more CNBC newsPerplexity launches AI-powered web browser for select group of rsRetailers log $7. 9 billion in online sales in first 24 hours of Prime DayLinda Yaccarino steps down as CEO of Elon Musk's XElon Musk's Grok AI chatbot denies that it praised Hitler and made antisemitic sMorgan Stanley expects the market for humanoid robots to hit $5 trillion by 2050 as companies, including Tesla and Amazon, bet big on the nology and automation
Elsewhere, Nvidia CEO Jensen Huang called robotics the biggest opportunity for the chipmaker after AI, and Salesforce CEO Marc Benioff last month claimed AI is handling 30% to 50% of the software vendor's work
Intel has undergone a series of cost-cutting plans after the worst year for its stock in decades
The company axed CEO Pat Gelsinger and cut jobs last year as it struggled to keep up with AI competition
In April, the company said it would sell a majority of its stake in chip subsidiary Altera
RealSense, formerly known as Intel Perceptual Computing, was created more than a decade ago to investigate 3D vision nology and launched its first duct in 2015
The company employs 130 people across the U. , Israel and China and caters to autonomous robot manufacturers such as Eyesynth and Unitree Robotics
Orbach said RealSense is focused on bringing more safety tools to the industry and easy-to-use nology for its customers
Intel will maintain a minority stake in the company
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