Tuesday, March 14, 2017

Intel to enter driverless car segment

 Chipmaker Intel is planning to foray into driverless cars In this regard the  company will take over Mobileye, which develops autonomous driving  system.  The deal could be worth $15bn. 

 Mobileye and Intel are already working together, along with German  carmaker  BMW, to put 40 test vehicles on the road in the second half of this  year.

 Intel expects the driverless market to be worth as much as $70bn by 2030.

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