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Shubham Banerjee

Intel Capital, the venture arm of the world’s biggest chipmaker, is unveiling it has invested $62 million in 16 tech startups today. The investments show that Intel is still bullish about funding new tech companies that could one day spur lots of purchases of its microprocessors and other gear.

Image: Shubham Banerjee, the 13-year-old founder of Braigo Labs, which is one of 16 companies Intel Capital is investing in. Image Credit: Dylan Tweney/VentureBeat