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June 30, 2016updated 21 Oct 2016 4:35pm

BMW and Intel to develop driverless cars together

German luxury car maker and chip giant move into autonomous transport

By Sam

BMW is to enter the driverless car arena in a collaboration with Intel and collision detection system firm Mobileeye.

Reuters.com reported that a news conference will be held Friday, July 1st attended by BMW Chief Executive Harald Krueger, Intel CEO Brian Krzanich and Mobileye Chairman and Chief Technology Officer Amnon Shashua,quoting sources familiar with the matter.

It has long been expected that traditional motor manufacturers would enter the autonomous vehicle maker in partnership with digital technology companies.

Intel is expected to provide technology to act as the central processing unit for all the car’s systems.

Reuters said "The tie-up is likely to focus on technology being developed by Mobileye to give computer-driven vehicles better reflexes without driver input, ushering in an era of self-driving cars early in the next decade, analysts said."

Intel is the world’s largest semiconductor maker and moved quickly into the IOT space.

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