Intel CEO Brian Krzanich promises $300 million as part of tech diversity initiative

The tech industry says it wants more diversity in its workforce, but the actual hiring doesn’t reflect that. Intel CEO Brian Krzanich challenged his own company and the entire industry to do more.

Meanwhile, the future of driverless cars was the background for a Ford Motor Co. keynote address at the International CES. The car-maker hopes to cure the world’s transportation ills by delivering everything from a quicker trip down the Las Vegas Strip and helping drivers more easily finding a parking spot, to improving access to medical services in remote areas of West Africa.

PCMag reported that chip giant Intel pledged to invest $300 million over the next five years to improve the diversity of the company’s workforce.

At the same event, Intel also introduced a  Compute Stick for TVs . “More than just a media stick like the Amazon Fire TV Stick, the Compute Stick essentially squeezes the power of a tablet into the size of a pack of gum. While it can handle media streaming duties via its HDMI 1.4a port, its other specs let you do much more,” points out  ZDnet .

The company also unveiled  Curie , a tiny hardware module that lets anyone create a smart wearable. This is a tiny hardware product based on the company’s first purpose-built system-on-chip (SoC) for wearable devices. The module includes the Intel Quark chip, Bluetooth low-energy radio, sensors and battery charging.

With inputs from Associated Press