The annual Consumer Electronics Show (CES) officially kicked off in Las Vegas Wednesday, with than 150,000 tech revelers in attendance.

Intel is launching a $125 million investment fund that will back technology startups led by women and minorities, in a move it says is aimed at helping to change the face of Silicon Valley.

Intel is buying chip designer Altera for about $16.7 billion in cash to expand its reach into new chip markets that are powering the wireless revolution, smarter cars and more.