Intel sets aside $300 million for Diversity in Technology initiative

Intel plans to invest $300 million to encourage more diversity within the company and overall tech industry over the next five years, the company announced at CES.

"Our goal with Intel technology is to help solve real problems and enable experiences that are truly desired by people and businesses," said Intel CEO Brian Krzanich about the Diversity in Technology initiatve. "In order to do this, we must also do more to lead the growth of diversity and inclusion within the technology industry. Women and under-represented minorities will continue to play a greater role as consumers, influencers, creators and leaders."

Internally, the company plans to build a pipeline for "female and under-represented engineers and computer scientists," while hiring and retaining more women and under-represented minorities. Externally, it will also fund programs to support more positive representation within the technology and gaming industries.

The initiative comes following more recent discussions and activism around diversity in tech and games.