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Intel acquires driver assistance firm Mobileye for $15 billion

Chip giant Intel announced on Monday that it has acquired Mobileye for $15.3 billion, in an effort to remain a dominant player in the self-driving industry. Mobileye is one of the largest providers of driver assistance and collision prevention systems. It also started work on a camera, radar, and sensor system for self-driving vehicles, in […]

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Toyota steers millions into U. Michigan AI project

Toyota has pledged $22 million to a four year artificial intelligence, robotics, and autonomous driving project led by the University of Michigan. The investment will be spread throughout the four years and go towards all sorts of tech projects, including stair climbing wheelchairs, cameras for blind people, and autonomous cars. See Also: Toyota, Mercedes-Benz, and […]