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INTEL MOBILEYE
Intel to reduce headcount; shuts down automotive chip divisionIntel is implementing workforce reductions as part of a restructuring effort, which includes the closure of its automotive chip division. T...- After years of failed AI deals, Intel plans homegrown challenge to NvidiaIntel aims to challenge Nvidia's AI chip dominance with a homegrown, holistic strategy under new CEO Lip-Bu Tan. Emphasising product refine...
- Intel to sell majority stake in Altera for $4.46 billion to fund revival effortIntel will sell a 51% stake in its Altera programmable chip business to Silver Lake for $4.46 billion. This move, under new CEO Lip-Bu Tan,...
- Intel forecasts quarterly revenue below estimates, stock fallsIn an interview, CEO Pat Gelsinger said that the company's core businesses of PCs and servers were hitting seasonal low demand at the same ...
- Intel forecasts quarterly revenue below estimates, stock fallsIntel on Thursday forecast revenue for the first quarter that could miss market estimates by more than $2 billion, as it grapples with unce...
- Intel spins out AI software firm with backing from DigitalBridgeIntel executives would not comment on the value of the deal or whether it would retain a majority stake in the new venture, other than to s...
- Intel chief Pat Gelsinger ready to go it alone on chip manufacturingGelsinger has moved Intel's manufacturing unit into what is now called Intel Foundry Services (IFS) that operates as a business within Inte...
- Intel to sell $1.5 billion stake in MobileyeAfter the offering, Intel's voting share in the self-driving technology company will come down to about 98.7% from the current 99.3%.
- Mobileye cuts revenue forecast on slow China EV demand, shares sinkChina’s decision last year to end a more than decade-long subsidy for EV purchases has forced automakers to deepen discounts in the world’s...
- Intel chairman Omar Ishrak steps downOmar Ishrak had stepped down and the chipmaker appointed board director Frank Yeary as his replacement.
- Intel's Mobileye unit set for strong market debutMobileye's strong reception may buck the trend of recent market debuts where investors have given the cold shoulder to newly-listed compani...
- Intel's Mobileye seeks drastically lower $16 billion valuation in IPOThe self-driving unit of Intel said in a regulatory filing it is offering 41 million shares of common stock priced between $18 and $20 per ...
- Intel's Mobileye files for listing in first sign of thawing tech IPO marketMobileye, which confidentially filed for its IPO earlier this year, reported first-half revenue of $854 million, a 21% jump from the year-a...
- Intel plans to take self-driving car unit Mobileye publicChip giant Intel expects to retain Mobileye's executive team and hold on to a majority ownership in the unit after the initial public offer...
- Intel to invest $600 million to expand chip, Mobileye R&D in IsraelIntel is investing $400 million to turn its Mobileye unit headquartered in Jerusalem into an R&D campus for developing self-driving car tec...
- BMW Group signs on KPIT as software development partner for autonomous drivingThe partners will be able to assist with rolling out the software stack within the Autonomous Driving Platform to third parties.
- Uber disabled Volvo SUV's safety system before fatality“We don’t want people to be confused or think it was a failure of the technology that we supply for Volvo, because that’s not the case,” sa...
- From drones to autonomous cars, here is everything that Intel announced at CES 2018In a keynote packed with glimpses into future technologies, Intel treated the audience to a dazzling array of data-driven innovations.
- This is how data company Intel is pushing for an autonomous futureThe latest evidence of this was at the recently ended CES 2018, where CEO of Intel, announced that two million vehicles from BMW, Nissan an...
- Intel announces AI developer program, aims to educate 15,000 individualsAimed at promoting AI amongst Indian developers Intel will organise 60 programs across the year, ranging from lectures, workshops, roadshow...
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