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Fiat Chrysler Automobiles to join BMW, Intel and Mobileye in developing autonomous driving platform

August 18, 2017 by Canadian Underwriter

BMW Group, Intel and Mobileye (an Intel company) announced earlier this week that they have signed a memorandum of understanding with the intention for Fiat Chrysler Automobiles (FCA) to be the first automaker to join them in developing a “world-leading,

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Intel predicts autonomous driving will spur new ‘passenger economy’ worth US$7 trillion by 2050

June 2, 2017 by Canadian Underwriter

Technology company Intel Corporation is predicting that autonomous driving will cause a new “passenger economy” to emerge to support the idle time when drivers become riders, an economy that will be more than twice the size of the “sharing economy.”

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The toughest challenge for self-driving cars? Human drivers

May 11, 2017 Tom Krisher - THE ASSOCIATED PRESS

DETROIT – In just a few years, well-mannered self-driving robotaxis will share the roads with reckless, law-breaking human drivers. The prospect is causing migraines for the people developing the robotaxis. A self-driving car would be programmed to drive at the

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Intel to acquire driver assistance systems manufacturer Mobileye

March 13, 2017 by Canadian Underwriter

Mobileye N.V., whose vehicle-mounted technology is designed to anticipate collisions, has agreed to be acquired by microprocessor manufacturer Intel Corp. Intel said Monday that one of its subsidiaries “will commence a tender offer” to acquire Mobileye shares for US$63.54 in