Published: Fri, May 18, 2018
Business | By Kate Woods

Intel's Mobileye to supply 8 million self-driving cars

Intel's Mobileye to supply 8 million self-driving cars

In an email to The Times of Israel, a spokesman for Intel said that the deal is for Advanced Driver-Assistance Systems (ADAS) with advanced capabilities.

Israel's Mobileye, a maker of self-driving auto technologies, has signed a deal to supply its advanced systems for eight million cars produced by a European automaker, Intel Corp. confirmed on Thursday.

Mobileye is now working with a number of manufacturers, including General Motors, Nissan, Audi, BMW, Honda, and Fiat Chrysler to supply various levels of self-driving technology.

A Mobileye image shows how the EyeQ sees the world in front of a vehicle while driving
A Mobileye image shows how the EyeQ sees the world in front of a vehicle while driving

The terms of the deal and the name of the automaker weren't revealed, a company official told Reuters. The Drive PX AI computing platform from Nvidia is already present in Tesla vehicles and has had the advantage of greater real-world testing by end users.

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 new deal is massive for Mobileye, and requires delivery of these driver assisted systems starting 2021.

More news: Former Cambridge Analytica boss to appear before British lawmakers on June 6

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

The system will be available on a variety of the automaker's vehicle models that will have partial automation - where the auto is automatically driven but the driver must stay alert, i.e. Erez Dagan, senior vice president for advanced development and strategy at Mobileye, has stated that EyeQ4 will be launching within the next several weeks.

Mobileye's camera-on-a-chip, the EyeQ.

More news: Samsung Galaxy J6 with Infinity Display Launch on May 21: Features, Specifications

Intel acquired the Israeli company a year ago for $15.3 billion. BMW, Magna International, Intel and Mobileye are looking to get ahead in a highly competitive market.

In an article released today, Professor Amnon Shashua elaborated on the key differentiators of the Intel-Mobileye solution, created to be faster, smoother, less expensive and 1,000 times safer than a human-driven vehicle, without the need to drive millions of miles of validation.

More news: Google One replaces Google Drive, offers more cloud storage at lower prices

Like this: