According to Odaily, Intel has announced plans to spin off its global venture capital arm, Intel Capital, into an independent fund. This transition is expected to be completed by the second half of 2025. Intel Capital currently manages assets exceeding $5 billion. The venture capital firm has invested in several Web3 startups, including Israeli AI company AI21 Labs, crypto security firm Fortanix, mining equipment company Zhongke Shenglong, metaverse platform Inworld AI, and blockchain companies Axoni and StarkWare.