Brian Krzanich, Intel Corporation chief executive officer, today announced that Intel Capital is targeting more than $250 million of additional new investments over the next two years to make fully autonomous driving a reality. Speaking at the LA Auto Show’s AutoMobility conference, he said the investments will develop technologies that “push the boundaries on next-generation connectivity, communication, context awareness, deep learning, security and safety.”
Krzanich talked about how the automotive industry is on the cusp of a major transformation, demanding unprecedented levels of computing, intelligence and connectivity.
Krzanich thinks that technology can “directly mitigate risks while improving safety, mobility, and efficiency at a reduced cost. Companies that harness the value of the data can improve reliability of automated driving systems.” With the variety of sensors, sonar, LIDAR and cameras that will come embedded in autonomous cars, he highlighted the need for the industry to be prepared for the data deluge with over 4,000 GB of data coming from a single car each day.
Everything is harder for our older generation with globalization. The millennials and newer were born into it (just like any technology). We had to learn it all from scratch at an advanced age. My job gets tougher all the time. New technology comes out; and not only do I have to learn about it, I have to learn how it fits into every day business, and then learn how to sell it