Intel Set to Enter Autonomous Vehicle Realm
Dec. 29, 2016—Silicon Valley company Intel indicated that it plans on delving into autonomous vehicle systems.
Intel announced earlier this month the formation of Automated Driving Group, which will aim to innovate the future of driving and design the next generation of advanced driver-assist systems and autonomous driving solutions.
In July, Intel announced a partnership with BMW Group and crash-prevention company Mobileye, seeking to put autonomous driving on the streets by 2021. Additionally, earlier this month at the Los Angeles AutoMobility conference, Intel CEO Brian Krzanich announced that Intel Capital will invest more than $250 million into the self-driving car industry over the next two years. Intel has acquired multiple companies in the market, such as Yogitech and Itseez.