Print Edition - 2017-08-11  |  Money Digest

Intel set to roll out 100 new self-driving cars

- AFP, SAN FRANCISCO

Aug 11, 2017-

Silicon Valley giant Intel on Wednesday announced plans for a fleet of self-driving cars following its completion of the purchase of Israeli autonomous technology firm Mobileye. A day after closing the $15 billion deal to buy Mobileye, which specializes in driver-assistance systems, Intel said it will begin rolling out fully autonomous vehicles later this year for testing in Europe, Israel, and the US. The fleet will eventually have more than 100 vehicles, according to Intel. “Building cars and testing them in real-world conditions provides immediate feedback and will accelerate delivery of technologies and solutions for highly and fully autonomous vehicles,” said Mobileye co-founder Amnon Shashua, who is to run the unit for Intel. “Our goal is to develop autonomous vehicle technology that can be deployed anywhere.”

Published: 11-08-2017 09:19

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