Thomas Androws
Intel buys out the firm that built Tesla Autopilot to venture into self-driving cars
It seems Intel is gearing up to venture into the autonomous car market big time. The company has purportedly acquired Tesla contractor and computer vision developer Mobileye for a staggering $15 billion, Reuters reports. Intel is expected to announce the buyout – that will make Mobileye the largest ever acquisition for an Israeli tech company – later on Monday, according to local financial outlet TheMarker. Mobileye solidified its status as a leading supplier of collision-avoidance car systems after building the tech that powers the first version of Tesla’s flagship Autopilot feature. The two partners later went their own ways following a highly…This story continues at The Next Web Or just read more coverage about: Intel,Tesla read more: ift.tt/2lzWfls
Intel buys out the firm that built Tesla Autopilot to venture into self-driving cars
It seems Intel is gearing up to venture into the autonomous car market big time. The company has purportedly acquired Tesla contractor and computer vision developer Mobileye for a staggering $15 billion, Reuters reports. Intel is expected to announce the buyout – that will make Mobileye the largest ever acquisition for an Israeli tech company – later on Monday, according to local financial outlet TheMarker. Mobileye solidified its status as a leading supplier of collision-avoidance car systems after building the tech that powers the first version of Tesla’s flagship Autopilot feature. The two partners later went their own ways following a highly…This story continues at The Next Web Or just read more coverage about: Intel,Tesla read more: ift.tt/2lzWfls