I don't think $1 billion dollars is actually enough in this kind of space. Probably the most important factor in Intel's success is its (relatively) new CEO's

I don't think $1 billion dollars is actually enough in this kind of space. Probably the most important factor in Intel's success is its (relatively) new CEO's ability to fix cultural problems and internal dysfunction that inhibit any technical improvement. At least this is a sign that Intel recognizes this and is reaching out to startups - only time can tell if it works.