Mobileye Snags 8M Car Deal in Europe

A Ford Fusion used as a testbed by Intel's Mobileye self-driving car division

Eight million European vehicles are going to be "Intel Inside" after Mobileye, Intel Corp.'s Israel-based autonomous driving unit, inked a deal to supply a European automaker with its self-driving technologies. No financial terms of the deal have been disclosed. Amnon Shashua, the co-founder and CEO of Mobileye, said the company has started testing its self-driving cars on highways around Jerusalem in recent months. The goal is to generate revenue while the technology to enable fully autonomous steering in all conditions is years away from the mass application.

Intel has always been competing with rivals Nvidia and AMD to provide the chips to power autonomous vehicles.

The deal would be the largest yet for Mobileye, Reuters said, and envisages the Jerusalem-based company supplying the European carmaker with its EyeQ5 chips, for advanced driver assisted systems, starting in 2021, when the chips will be launched.

The future system will be available for a variety of auto models that will have partial automation in which the vehicle is driven automatically, but the driver needs to be alert as well as models integrating a more advanced conditional automation system.

There are now roughly 27 million cars from 25 different automakers that used some type of advanced driver-assist systems, with Mobileye making up more than 70 percent of the market share.

Two dead, 43 injured in New Jersey school bus, dump truck crash
K-9 units were seen searching wooded areas near the crash scene, NBC 4 NY reported. "The mayor described the scene as 'horrific ". A sign outside of the East Brook Middle School in Paramus informed people to go to the auditorium for updates on the accident.

Microsoft Launches May Xbox One Update Today, Features Discord Support
One major new feature is that you can now set your refresh rate to 120Hz, but only if your resolution is set to 1080p or 1440p. Note: "If you group your collections in My Games & Apps by letter, you will now need to select a letter to view all groups".

Twitter and Square CEO hopes Bitcoin will become currency of Internet
Rival cryptocurrencies Bitcoin Cash, Ethereum and Litecoin have similarly experienced downward trends in the last week. Under this new policy, the advertisement of Initial Coin Offerings (ICOs) and token sales will be prohibited globally.

Mobileye is estimating that there will be over 100,000 vehicles carrying Level 3 self-driving classification with their chips installed.

According to the Society of Automotive Engineers (SAE), level 3 autonomy is defined as a system that can safely control all aspects of driving in a mapped environment.

Some of the automakers that Mobileye will be working with are Audi, BMW, Chrysler, General Motors, Honda, Nissan, and Chinese carmarker Nio.

"When designing our system we are looking at all what can be used today, in a year, in two years and then the robo-taxi", Shashua told Reuters.

He noted that about that time, some of the more expensive luxury cars for personal use, and possibly some medium-priced vehicles, will use the same technologies - for an extra cost of about $12,000 per auto. The cars drive completely autonomously and are driving every day, he said. The companies will add a layer of LIDAR and radar in the next few weeks. "It's not unlike a human experience".

Related news:

Hot News

isis-killer-beheading-video-story-top Eagles invited to visit White House next month
May 18, 2018 - 04:15
I'm just gonna leave it at that", said Blount on "The Rich Eisen Show" past year . "I think they should have that opportunity". Jenkins, the co-founder of the Players Coalition, has been active on the social reform front. "'He's fired.

isis-killer-beheading-video-story-top Alec and Hilaria Baldwin welcome fourth child
May 18, 2018 - 04:15
The pair already have sons Leonardo Charles, 18 months and Rafael Thomas, two, as well as daughter Carmen Gabriela, four . Alec , 60, has an adult daughter, Ireland , from his previous marriage to the actress Kim Basinger .

isis-killer-beheading-video-story-top Hartford police officer stabbed in neck, suspect in custody
May 18, 2018 - 04:13
Police investigate the scene after a police officer was stabbed in the neck in Hartford , Conn., May 17, 2018. Officials are not releasing the identity of the officer, who remains in critical condition. "A tough day.

isis-killer-beheading-video-story-top ICC consider getting rid of coin toss before Test cricket
May 18, 2018 - 04:11
Numerous others, including Ricky Ponting, Michael Holding , Ian Botham, Shane Warne and Steve Waugh , have also endorsed the idea. It makes for good tension, everyone is focused on that coin when it's in the air and the winning captain's decision and so on.

isis-killer-beheading-video-story-top Alec Baldwin & Wife Hilaria Welcome a Baby Boy!
May 18, 2018 - 04:11
The couple are already parents to daughter Carmen, 4, son Rafael, 2, and son Leonardo, 18 months. Alec Baldwin and his wife Hilaria have welcomed their fourth child together, a baby boy.

isis-killer-beheading-video-story-top Nikki Bella SLAMS rumours that her breakup with John Cena is fake
May 18, 2018 - 03:55
Their differing stances on marriage and kids were major plot points on Total Bellas and its spinoff, Total Divas . She does things that are so Bryan and then she will do things that are so me.

isis-killer-beheading-video-story-top Martial, Lacazette Left Out Of France Squad
May 18, 2018 - 03:43
Didier Deschamps' 23-man French squad for the forthcoming World Cup includes the names of N'Golo Kante and Olivier Giroud . The attacking duo were instead included on an 11-strong standby list for the World Cup in Russian Federation .

isis-killer-beheading-video-story-top Rocket siren in Golan a false alarm - Israeli military
May 18, 2018 - 03:41
Nasrallah said the rocket attack showed Syria and its allies are ready to go to "the greatest extent" to defend Syria from Israel. The news follows two Red Alert incoming rocket sirens that were triggered shortly after 5 pm local time in the Golan Heights.

isis-killer-beheading-video-story-top Europe Needs Sway Over Western Balkans to Stem Russian Influence - Macron
May 18, 2018 - 03:36
These include the "Peace highway" between Nis in Serbia and Pristina in Kosovo and the Blue Highway along the Adriatic coast. She believes that this will be the Balkan countries with which negotiations were under way for membership.

isis-killer-beheading-video-story-top Haspel Confirmed As CIA's First Female Director
May 18, 2018 - 01:58
Haspel received robust backing from former intelligence, diplomatic, military and national security officials. Trump then picked Pompeo to be secretary of state in March, and chose Haspel to replace him as the spy chief.

isis-killer-beheading-video-story-top Iranian forces fire rockets from Syria into Golan Heights, claims Israel
May 18, 2018 - 01:49
Israel responded by attacking anti-aircraft positions in Syria, but an Israeli warplane was shot down during the battle. In 2015, Russian Federation and Israel set up a hotline to prevent accidental clashes between their forces in Syria.

isis-killer-beheading-video-story-top Sheldon Adelson Spends Millions to Help GOP Keep House Majority
May 18, 2018 - 01:31
The Freedom Caucus has about 30 members in the 435-seat House and they have been pushing for consideration of a conservative immigration bill.

isis-killer-beheading-video-story-top Several people were killed during a shooting in Texas
May 18, 2018 - 00:55
A GoFundMe was established to help with her medical expenses, and to help her move back to Virginia. In her Facebook post, Simpson said she had been shot and was likely facing more surgeries.

isis-killer-beheading-video-story-top Iran nuclear accord not ideal, but best to stick with it
May 18, 2018 - 00:38
Therefore, despite all the difficulties, which we are facing in the current days, transatlantic relations have and retain a paramount importance, it remains invariable.

isis-killer-beheading-video-story-top Updates & Upgrades! Instagram's New Insights Feature Highlights Your Usage
May 18, 2018 - 00:31
It seems Instagram is ready to embrace the impact of the reduction in usage as soon as such a tool goes live for users. Instagram is building a new tool that'll inform users how long they are spending aimlessly scrolling through feeds.