Submission + - Intel, VC Firms To Invest $3.5B in US Tech Firms
An anonymous reader writes: Announcing what he called "a bet on America's next generation of innovators," Intel President and CEO Paul Otellini said Tuesday in a speech at the Brookings Institution in Washington, D.C. that in addition to the $3.5 billion VC investment, Intel and 16 other large U.S. companies will hire 10,500 additional graduates from U.S. colleges in 2010. In his speech, Otellini made a point of saying that the college graduates would not necessarily be U.S. citizens and complained about current limits on the number of foreign workers U.S. tech companies can hire. 'Our immigration policy seems deliberately designed to prevent us from attracting the best minds in the world,' he said.