For $15.3 billion, Intel Corp said on Monday that it has agreed to buy the Israeli company, Mobileye; a Jerusalem based developer of advanced vision and driver assistance systems. Intel hopes this will position the company as a leading technology player in the fast-growing self-driving car market.
Mobileye develops the sensors and artificial intelligence that allow a vehicle’s on-board computer to essentially know where it is in relation to other vehicles, pedestrians and the surroundings - the key technologies needed for cars to eventually safely drive themselves. The deal, the largest ever purchase of an Israeli high-tech company, was hailed across Israel as a sign of the country’s technological prowess.
What a future: not only governments and smart underpants telling you off, the car will have some smarmy sounding woman going tut, tut, tut if you even think about taking the wheel. Oh...I forgot...there won't be one! And I read somewhere some geek "expert" wittering about AI and no more traffic jams in LA. Yeah, right; this I must see.
Mobileye develops the sensors and artificial intelligence that allow a vehicle’s on-board computer to essentially know where it is in relation to other vehicles, pedestrians and the surroundings - the key technologies needed for cars to eventually safely drive themselves. The deal, the largest ever purchase of an Israeli high-tech company, was hailed across Israel as a sign of the country’s technological prowess.
What a future: not only governments and smart underpants telling you off, the car will have some smarmy sounding woman going tut, tut, tut if you even think about taking the wheel. Oh...I forgot...there won't be one! And I read somewhere some geek "expert" wittering about AI and no more traffic jams in LA. Yeah, right; this I must see.
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| “Congratulations to Mobileye! PM Netanyahu tweeted. |
