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Intel Capital announced its plans to spin out from semiconductor giant Intel in January .
The firm has been operating as Intel ’s venture investment arm since 1991 .
Intel Capital has invested more than $20 billion across more than 1,800 companies while racking up more than 700 startup exits.
Mark Rostick , vice president and senior managing director at Intel Capital , said the transition represents a new opportunity.
The firm will keep Intel as an investor and will still invest in early-stage startups in the same areas: AI , cloud, devices, and frontier tech, among others.
Rostick said the firm will likely fundraise shortly after the formal spinout.
The success of this new solo firm with be up for the market to decide.
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