Finally, Intel Corp. has revealed that they will be opening their latest center at the University of California in Irvine. For a long time, speculations were rife about the seventh Intel Science and Technology Center (ISTC) and information in regard to it.

It is now that it has been revealed that the latest centre’s main attention will be on social computing. The information was made public during the 10th anniversary of Intel Labs and was given by Justin Rattner, who is, Intel's chief technology officer.

The novel centre will be a $15m program, which will be providing funding for research, and will be done on two subjects. The two subjects on which the study will be conducted are social and anthropological research.

It seems that Intel has been trying to expand its business in research and development as well. Till now, it has already spent more than $100m, said Rattner, who further affirmed that they have done a lot of hard work to make mark in research field.

"We're very conscious of this at Intel Labs and have spent considerable time ways to break those barriers and avoid what we call the valley of death for products”, he further affirmed.