Intel: $250 Million More Investments for Autonomous Driving

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.

 

About Ken Zino

Ken Zino, editor and publisher of AutoInformed, is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn. He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe. Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped during a downshift and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap. AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks. Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.
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One Response to Intel: $250 Million More Investments for Autonomous Driving

  1. PITKI says:

    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

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