Intel Buys Mobileye For $15 Billion To Challenge Nvidia For The Future Of Self-Driving Cars

INTEL IS NO longer satisfied just partnering with other companies to create self-driving cars: it wants to own the whole stack. Well, at least as far as the autonomous hardware and software go. The chip maker recently announced it is purchasing Jerusalem-based Mobileye for $15.3 billion.

- Ian Paul

The two companies were already working together on various projects. The pair announced a partnership with BMW in July 2016 with the aim of putting an autonomous car on the streets by 2021.

Then in November, the two companies partnered with auto parts maker Delphi to create the Automated Driving Group (go.pcworld. com/intelautocars), which will create a self-driving car system that can be sold to automakers.