Intel's Self-Driving Unit Wins Deal For 8 Million Cars

18 May, 2018, 04:15 | Author: Darnell Taylor
  • Used Cars

Intel Corp's Jerusalem-based autonomous driving unit Mobileye has signed a deal to provide a European carmaker with its self-driving technologies for eight million cars, "Reuters" reports.

The terms of the deal and the name of the automaker weren't revealed, a company official told Reuters.

This development in the Mobileye technology will usher in a new type of transport called 'robo-taxis, ' self-driving cabs, Shashua told Reuters. The goal is to generate revenue while the technology to enable fully autonomous steering in all conditions is years away from the mass application.

Intel hopes to have self-driving vehicles on the road by 2021 in partnership with vehicle manufacturers.

By 2021, the deal is set to begin, when Intel's EyeQ5 chip, designed for a completely autonomous self-driving vehicle, will be released.

In Level 3, "Reuters" added, the auto is self-driving but the driver has about 10 seconds to take over if the system is unable to continue.

There are now roughly 27 million cars from 25 different automakers that used some type of advanced driver-assist systems, with Mobileye making up more than 70 percent of the market share.

Avengers: Infinity War Now Fourth-Largest Worldwide Film Of All Time
And not all our heroes make it, a fact spoiled early on by... well, almost everyone involved with the film. However, fans shouldn't expect to hear an announcement from Marvel about the upcoming movies instantly.


South Africa recalls ambassador to Israel after killing of protesters
"The most unsafe place today for Jewish people - not to speak for Palestinians, but even for Jews - is in the state of Israel ", Beck said.


T20 2018: Bangalore beat Hyderabad by 14 runs
Its bowlers have been largely unstoppable, even if they conceded totals of 187 and 180 in the last two games. For Sunrisers, though, this match serves as a warm-up for the next round or as a laboratory for experiments.


While consumer-owned self-driving cars are a ways off, Mobileye CEO Amnon Shashua says "robo-taxis" could arrive on public streets by around 2021.

The deal will give these vehicles Level 3 capability, which means the vehicle drives itself but the driver has about 10 seconds to resume control of the vehicle is something goes awry.

Mobileye already has a long list of customers using its technology for advanced driver aids, these include the likes of General Motors, Honda, BMW, Audi, Nissan, and more. Mobileye is looking to begin produce what it calls "Level 4" systems, in which 12 cameras and four EyeQ4 chips are installed in a vehicle in order to allow the auto to navigate on its own.

Shashua added that when self-driving auto technologies do come to market not long after 2021, they would nearly certainly debut on luxury vehicles, at a premium of about $12,000 per auto.

Intel is all-in on autonomous cars. The companies will add a layer of LIDAR and radar in the next few weeks.

"On one hand you want to be safe but on the other hand assertive", he said, noting that being too hesitant can cause impatience from other drivers and lead to accidents. "It's not unlike a human experience".

The logo of Israeli technology firm Mobileye is seen on the building hosting their headquarters in Jerusalem, May 15, 2018.

Recommended:



Popular

It's A Boy! Alec And Hilaria Baldwin Welcome Baby #4
Alec Baldwin and his yoga instructor wife welcomed a baby boy on May 17. "8lbs 2oz #wegotthis2018", Hilaria added. Alec is also dad to 22-year-old daughter Ireland Baldwin, from his previous marriage to actress Kim Basinger .

Nikki Bella Still Talks To John Cena, Thinks He's Mr. Right
It's really hard when you're filming a reality show, and my sister and I were always the type of people who were open books. The Bella Twins also discussed Birdie Joe turning 1, what to expect on Total Bellas and more.

Two Dead In School Bus Collision With Truck On New Jersey Highway
The collision between the bus and dump truck caused the school bus to rip apart, tearing off the front end and undercarriage. The National Transportation Safety Board is gathering information on the incident, a spokesman said.

Tusk: the Western Balkans should be EU
EU Council President Donald Tusk said the bloc would invest in infrastructure connections with the Balkans to boost development and bring them up to EU standards.

Senate panel OK's Haspel for Central Intelligence Agency head
Haspel's critics argued she still wouldn't say if she thought the interrogation program was immoral. The CIA did make classified materials about Haspel's record available to senators.

Iran planning to launch barrage of missiles against Israel
Le Maire asked. "Or do we want to say we have our economic interests, we consider we will continue to do trade with Iran? ". Syrian state TV and the Observatory said police forces are getting ready to enter the area on Friday to guarantee security.

IShares S&P/TSX Completion Index ETF
CCI is relatively high when prices are much higher than average, and relatively low when prices are much lower than the average. The simple moving average is a mathematical calculation that takes the average price (mean) for a given amount of time.

Annual Law Enforcement Torch Run
Eight members of the PPD will participate in the Special Olympics Law Enforcement Torch Run this month. Other items, such as Torch Run T-shirts and raffle tickets, will be sold for various donation amounts.

Kushner Companies nearing bailout deal with Qatar-linked firm
The building at 666 Fifth Avenue, owned by Kushner Companies, rises above pedestrians in New York, NY, U.S., March 30, 2017. And, as the New York Times reports, the company working to bail out Kushner Companies is linked to the Qatar government.

Stock to Watch: Enbridge Energy LP (EEP)
The Average Directional Index or ADX is a technical analysis indicator used to describe if a market is trending or not trending. The company has experienced volume of 1,036,480 shares while on average the company has a capacity of trading 832.01K share.