Intel is investing $250 million to make self-driving cars a reality
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Rick Wilking/Reuters
Intel CEO Brian Krzanich
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Intel CEO Brian Krzanich said at the Los Angeles Auto Show on Tuesday that the company will target over $250 million in investments to advance the development of self-driving car tech.
Intel wrote in a press release that the investment will be geared toward advancing tech that has to do with connectivity, communication, deep learning, and cybersecurity.
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Krzanich said that the industry will need to prepare for a data deluge where a single car uses more than 4,000 GB of data each day as it relies on self-driving tech like sensors, cameras, and lidar.
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