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Intel U.S. agreed to buy Israeli autonomous-driving technology company Mobileye with a value of $14.7 billion. The new technology could thrust the U.S. chipmaker into direct competition with rivals Nvidia Corp. and Qualcomm Inc. to develop driverless systems and components for global automakers. The acquisition of Mobileye could propel the world's largest computer chipmaker into the front ranks of automotive suppliers at a time when Intel has been downplaying its core semiconductor business. It also promises to escalate the arms race among the world's carmakers and supp...
At the Los Angeles Auto Show, CEO Brian Krzanich said Intel Capital intended to invest more than $250 million over the next two years to develop technology for autonomous vehicles. During his keynote speech, Krzanich said the company would use its expertise to handle vision processing, 5G connectivity, cloud computing, machine learning and security. Intel, which traditionally has not been a major automotive supplier, has been expanding its presence in recent years. Over the past 12 months, the company says it has booked contracts with a variety of automakers worth $1 billion. Custom...
Roborace – a new driverless electric car series (from Formula E and Kinetik) is gaining shape with the first images of racing vehicles revealed. A new kind of vehicle was designed by the Daniel Simon.The cars has 4.8-metres long, and 2-metres wide, with a wheelbase of 2.8 metres and weighing in at 1000kg. To put that in context, the car will be 200mm shorter than a Formula E single-seater but 200mm wider. It weighs 112kg more than a FE machine, despite that car's all-up figure including the driver’s weight.Nvidia said that it will put its Drive PX 2 AI - the world’s most ...
