Intel's Mobileye set 100 fleets for autonomous vehicle tests

Intel has shown rapid growth in the autonomous car market after buying a Jerusalem-based company, Mobileye, earlier this year for US$15 billion for 84 percent of the shares. The giant company that is famous for producing the Pentium and iX series processors has set up 100 vehicles to conduct autonomous car test technology sessions at level 4.

Tinuku Intel's Mobileye set 100 fleets for autonomous vehicle tests

Intel acquired Mobileye successfully designing collision avoidance technology on autonomous vehicles that utilize artificial view sensors and backend systems that can detect pedestrians, speed limit marks, road markings and more accurately.

Mobileye builds autonomous grade 4 vehicles using a diverse range of car brands and vehicle types to demonstrate the technological agnostic nature and place tests in the United States, Israel and Europe which will begin later this year.

"With Mobileye, Intel emerges as a leader in creating the technology foundation that the automotive industry needs for an autonomous future," said Intel CEO Brian Krzanich.

"It’s an exciting engineering challenge and a huge growth opportunity for Intel. Even more exciting is the potential for autonomous cars to transform industries, improve society and save millions of lives," Krzanich said.

The acquisition further strengthens Intel in the computing and connectivity sectors with cloud technology through a network connected to the device. Intel estimates that the vehicle, data, and service system market opportunities will be worth US$70 billion by 2030.

Mobileye technology is linked to Intel assets including artificial intelligence, data centers, localization, and more. The company is determined to position itself to provide an autonomous driving service that connects cars to the cloud and is expected to transform the autonomous car market.

"Leading in autonomous driving technology requires a combination of innovative proprietary software products and versatile open-system hardware platforms that enable customers and partners to customize solutions," said CTO and co-founder of Mobileye Amnon Shashua.

"For the first time, the auto industry has a single partner with deep expertise and a cultural legacy in both areas. Mobileye is very excited to begin this new chapter," said Shashua.