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You are here: GeekSays Technology News » General » Intel announced $300 million investment for newly-formed “Diversity in Technology” initiative

Intel announced $300 million investment for newly-formed “Diversity in Technology” initiative

Last updated on January 7, 2017 By Adity Bera Leave a Comment

Chipmaker Intel made a surprising announcement at the CES 2015 in Las Vegas that the company is going to invest $300 million for training, recruiting females and under-represented computer scientists. The CEO of Intel Brian Krzanich said at the CES that we always say that we value diversity but our workplaces and industry do not reflect the talent of women and under-represented minorities.

Intel announced $300 million investment for newly-formed “Diversity in Technology” initiative

Brian Krzanich announced about this “Diversity in Technology”, newly-formed initiative, and Renne James, the president of Intel will handle the oversight of this investment. Renne James is the highest ranking woman in the history of Intel and she also ranked 21 on the Fortune’s most powerful women list. She is always been instrumental when it came about the women’s network creation in the company.

In 2013, she took the role of the President of Intel after Brain Krzanich became CEO of the company and after that she especially made a hiring program that incentivized the company’s managers to recruit more minorities and women.

After the announcement about the company’s $300 million investment for training, recruiting under-represented computer scientists and women, Renne James gave a phone interview to Fortune and she said, we are not bad but she also mentioned that we are also not good enough. She said that a lot of money had been spending to stay flat, they were attracting many talents but at the same time they were also loosing many talents.

Renne James says that Intel’s plan is to invest the money to build a pipeline of women and underrepresented computer scientists and engineers. She also says that she is very happy that the plan is getting a voice and they announced it at the CES because it was a big stage.

 

Filed Under: General

About Adity Bera

I am a passionate writer and reader of latest technology news. Like to write useful posts to know how to make the best use of our tech gadgets.

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