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You are here: Home / News / Intel Announces $250 Million Investment for Autonomous Driving

Intel Announces $250 Million Investment for Autonomous Driving

November 18, 2016 By CollisionWeek Editor

Delivering his keynote address at the LA Auto Show’s AutoMobility conference, Brian Krzanich, Intel Corporation chief executive officer, this week 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. 

Brian Krzanich, Intel Corporation CEO, presents a keynote address at the Automobility LA conference on Tuesday, Nov. 15, 2016. Addressing automotive and technology industry representatives, Krzanich talks about how the automotive industry is on the cusp of a major transformation, demanding unprecedented levels of computing, intelligence and connectivity.

Brian Krzanich, Intel Corporation CEO, presents a keynote address at the Automobility LA conference on Tuesday, Nov. 15, 2016. Addressing automotive and technology industry representatives, Krzanich talks about how the automotive industry is on the cusp of a major transformation, demanding unprecedented levels of computing, intelligence and connectivity.

According to the company, these investments

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Filed Under: News Tagged With: Autonomous Vehicles, Intel

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