The Traderszone Network

Published in TZ Latest News 22 March, 2017 by The TZ Newswire Staff

Look Out NVIDIA, Intel Is Setting Its Sights on the AI Industry

Intel Corporation (NASDAQ: INTC) announced last week that it would spend $15.3 billion to acquire Israeli computer vision and machine learning specialist Mobileye N.V. (NYSE: MBLY) in a move that will take the company further into the field of autonomous vehicles. Mobileye developed machine-vision software that would detect obstructions or hazards that a driver might not see to employ “collision avoidance technology” — all with a single camera. Its technology has evolved to employ a full set of cameras in pursuit of autonomous driving.

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