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Driverless Cars in Intel Sights

Monday, March 13, 2017

US chipmaker Intel is taking a big bet on driverless cars with a $15.3bn (£12.5bn) takeover of specialist Mobileye. 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. Announcing the deal, Intel said that as cars “progress from assisted driving to fully autonomous, they are increasingly becoming data centres on wheels”. You can read more here.

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