Money keeps pouring in from companies trying to perfect the self-driving car.
Like, a ton of money.
The latest eye-popping transaction: Intel announced Monday that it was buying Israeli company Mobileye for $15.3 billion.
Mobileye’s systems, which are used by 27 carmakers, depend on specialized cameras to sense a car’s surroundings on the road. It’s the tech behind the emergency braking and lane assistance systems that are becoming more common in new vehicles.
The acquisition shouldn’t come as a huge surprise, since the two companies have been working together with BMW …
Via: Mashable: Tech