GiantLeap Capital, a technology-focused private investment firm focused on partnering with companies developing transformative technologies for critical industries, today announced its participation in the $40 million investment with Intel and DigitalBridge in Articul8. Articul8 provides a comprehensive, vertically-integrated, and secure generative artificial intelligence (GenAI) software platform tailored for enterprise clients, with a choice of cloud, on-prem or hybrid deployment.
Articul8 brings together intellectual property (IP) and technology originally developed at Intel, and the two will maintain a strategic alignment, particularly in exploring go-to-market opportunities and collaborating to accelerate the adoption of GenAI within enterprise environments. Arun Subramaniyan, who previously served as Vice President and General Manager in Intel's Data Center and AI Group, has assumed leadership of Articul8 as its CEO.
Samir Parikh, Co-Founder and Managing Partner at GiantLeap Capital, said: "This strategic investment, made in collaboration with Intel Capital and DigitalBridge, highlights GiantLeap Capital's differentiated special situations investing strategy in growth equity opportunities in the private and public markets. We are excited to back Arun and his visionary team at Articul8 who combine deep technical knowledge with a keen understanding of business needs and customer requirements in sectors currently undergoing transformative technological advancements."
Himanshu Sekhar, Co-Founder and Managing Partner at GiantLeap Capital, said: "Our investment philosophy is perfectly aligned with Articul8's mission to revolutionize AI applications in regulated environments. GiantLeap looks forward to partnering with Articul8 and leveraging our operating partners' deep experience to further scale this revolutionary platform for mission-critical industries."