Intel pledges diversity by 2020, invests $300 million

Intel has set an aggressive goal of dramatically increasing the diversity of its U.S. workforce by 2020. It's also pledging $300 million to fund the hiring and retention of women and underrepresented minorities, the largest investment yet in diversity by a technology company.

Intel CEO Brian Krzanich said he was addressing the one word that could change the technology industry for the better: inclusion. Intel will aim for its US workforce at all levels to mirror the talent available in America in the next five years, and Krzanich said the compensation of Intel leaders would be directly tied to the progress they make in reaching that diversity goal.