Intel to acquire smart urban transit app Moovit for $1bn: Report

Intel to acquire smart urban transit app Moovit for $1bn: Report

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Read Article Global chip-making giant Intel is negotiating a deal to acquire Moovit, an Israeli startup that applies Artificial Intelligence (AI) and big data analytics to monitor traffic and give transit recommendations, a media report said. Expected to close in the coming days, the deal could be worth around $1 billion, TechCrunch reported on Sunday. […]

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