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I thought $16B for yet another autonomous car developer R&D outfit seemed excessive even by Intel's standards, but it looks as if Mobileye has been providing as
by ckastner 10y ago
I thought $16B for yet another autonomous car developer R&D outfit seemed excessive even by Intel's standards, but it looks as if Mobileye has been providing assistant/enhancing technologies (eg collision warning systems) for more than a decade.
This is probably not too bad a spot to be in, at least until fully autonomous vehicles have become mainstream. They seem to be profitable, at least.