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Intel places $30 million bet on the cloud, opens two new labs at Carnegie Mellon

Intel is gambling on the future of the cloud. Investing $30 million over a span of five years, Intel has partnered with Carnegie Mellon University to open two new Intel Science and Technology Centers. The academic research labs will laser in on cloud and embedded computing research, providing open source innovations that tackle mass data analytics, real-time information service distribution and refinements to a future, cloud-connected lifestyle.

Via Engadget

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