Report: Intel-owned Mobileye inks deal for 8 million self-driving cars
Thursday, 17 May 2018 () Intel Corp.-owned self-driving car company Mobileye has signed a deal with a European automaker to supply nearly-autonomous driving technology to 8 million cars in 2021, Reuters reports. Terms of the deal, and the automaker’s identity, were not immediately released. Leading European automakers include Volkswagen, Daimler, BMW and Peugeot. The deal marks a major win for Intel, which spent $15.3 billion last year to buy Israel-based Mobileye. It also means millions of mostly-autonomous cars will…
On Sunday, three European Union sources have denied that diplomats meeting in Vienna on Friday to salvage the Iranian nuclear deal will discuss offering Iran financial aid in exchange for concessions. The source said that the diplomats would discuss a proposal for a new agreement between Iran and...
Mobileye says there are some 27 million cars on the road that use some sort of driver assistance system and Mobileye has a market share of more than 70 percent Haaretz - Middle EastAlso reported by •Reuters •Newsmax •TechCrunch
Intel-owned Mobileye will supply eight million cars at a European automaker with its self-driving technologies. Terms of the deal and the identity of the... MailOnline - ScienceAlso reported by •bizjournals •Mashable •Newsmax •TUAW •TechCrunch
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