CHINA TOPIX

Intel Plans to Invest $250 Million Towards Development of Self-Driving Cars

Phenny Lynn Palec   |

Nov 18, 2016 02:18 AM EST

During his keynote speech at the LA Auto Show on Tuesday, Intel chief executive officer Brian Krzanich said that the chip manufacturer will invest $250 million within the next two years towards the development of autonomous cars. It is a major investment for Intel, and it clearly shows how committed the company is towards the future of self-driving cars.