Intel’s self-driving firm Mobileye files for an IPO

Intel-owned self-driving firm Mobileye has filed for an IPO (Initial Public Offering).

Mobileye was acquired by Intel for $15.3 billion in 2017 and specialises in developing chips and software for autonomous driving and driver-assistance systems.

Intel reportedly expected Mobileye to be valued at $50 billion but is now anticipating somewhere around $30 billion due to global economic uncertainties.

Mobileye’s filing with the SEC highlights steady revenue...

3 October 2022 | Connected Vehicles

Filament STAC gets Silicon Valley backing for Scottish IoT enterprise

Glasgow

Filament STAC, Scotland’s first IoT accelerator programme, has received backing from a number of major tech firms in the US.

Amongst the brands pledging their support is Silicon Valley’s Intel, Twilio, Plexus Corp, and Fortune 500 company Arrow Electronics.

The Smart Things Accelerator Centre is a non-profit industry and government partnership aimed at creating globally competitive and scalable Scottish IoT companies.

Launched in August this year, the...

15 December 2021 | Enterprise

Intel and partners build 5G smart factory to demonstrate Industry 4.0 benefits

Intel has built a 5G smart factory “from the ground up” to demonstrate the benefits of Industry 4.0 digitalisation.

The end-to-end smart factory is based in Verona, Italy and is based on Intel Atom and Xeon Scalable processors, Intel FPGAs, and Intel Edge Controls for Industrial and Edge Insights for Industrial software.

Intel is collaborating with EXOR International, JMA Wireless, and Telecom Italia (TIM) on the project.

Claudio Ambra, CTO of EXOR...

18 June 2021 | 5G

Intel’s Mobileye will launch a fully autonomous delivery service in 2023

Intel subsidiary Mobileye is partnering with autonomous vehicle manufacturer Udelv to launch a fully autonomous delivery service in 2023.

“Our deal with Udelv is significant for its size, scope and rapid deployment timeline, demonstrating our ability to deliver Mobileye Drive for commercial use now and in volume,” said Prof. Amnon Shashua, Mobileye president and CEO.

“COVID-19 has accelerated demand for autonomous goods delivery, and we are delighted to partner...

12 April 2021 | Connected Vehicles