Intel’s investment arm, Intel Capital, plans to spend more than $250 million of additional new capital over the next two years to drive the development of autonomous driving technology.
During a keynote speech at the LA Auto Show’s AutoMobility conference this week, Intel CEO Brian Krzanich emphasized how critical the automotive market has become to the company.
Intel Corp.Intel Corporation displays its automated driving technology at the Automobility LA conference on Tuesday.
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Source: COMPUTER WORLD