Intel Announces it Will Spend $250M to Develop Self-Driving Cars
by Andrew J . Hawkins for The Verge
In a keynote speech during the LA Auto Show today, Intel CEO Brian Krzanich said his company will spend $250 million over the next two years toward the development of autonomous vehicles. It’s a significant sum of money and a clear sign that the computer chip manufacturer is serious about playing a large role in the future of automobiles.But that doesn’t mean that Intel is about to create its own fleet of self-driving cars. After all, the process of building a car from scratch is incredibly complex and expensive. Intel sounds like it’s more interested in what goes into the technology that powers a self-driving car than building the car itself. Read More →