Intel Capital plans to spin out from its parent company Intel, a surprising move after 34 years as the semiconductor giant's venture arm. With over $20 billion invested in 1,800 companies, the firm aims to retain its operational benefits while gaining independence. Vice President Mark Rostick indicated that recent successes, including a notable exit with Astera Labs, bolstered confidence in attracting outside investors. Despite some internal departures, the firm is set to operate as usual while preparing for a fully independent transition by Q3 2025, focusing on early-stage investments in key tech areas.