Intel Announces $250 Million Investment for Autonomous Driving

More international companies entering the autonomous car market, Intel decision will drive more innovation and more hope to the small start-ups.

Automobility-Intel-5.JPGIntel Corporation displays its automated driving technology
at the Automobility LA conference
on Tuesday, Nov. 15, 2016. (Credit: Intel Corporation)

Delivering his keynote address at the LA Auto Show’s AutoMobility conference, Intel CEO Brian Krzanich today announced that Intel Capital is targeting more than $250 million of additional new investments over the next two years to make fully autonomous driving a reality. This is the first time Intel is keynoting at an automotive conference, signifying how critical the automotive market has become for the company.

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