<ul data-eligibleForWebStory="false"><li>Intel is spinning out its artificial intelligence robotics and biometric venture into a new company called RealSense, with a $50-million Series A funding round backing the initiative.</li><li>RealSense aims to develop new product lines for robotics automation and meet the increasing global demand, with Nadav Orbach leading as CEO.</li><li>Companies like Tesla and Amazon are heavily investing in the robotics space, foreseeing a lucrative $5 trillion market for humanoid robots by 2050, as per Morgan Stanley.</li><li>Intel's move follows significant cost-cutting measures after a challenging year, with its shares declining by 2.4% to $23.26.</li></ul>

Intel Slumps on Spinout Company RealSense

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