Data key to Intel’s $250 million autonomous investment

Intel Capital is targeting more than $250 million of additional new investments over the next two years to make fully autonomous driving a reality, Intel CEO Brian Krzanich announced at the Los Angeles Auto Show’s AutoMobility LA conference in November. This was the first time Intel delivered a keynote address at an automotive conference.

The investments will drive the development of technologies that push the boundaries on next-generation connectivity, communication, context awareness, deep learning, security, safety and more.

Intel displays its automated driving technology at the Automobility LA conference on Nov. 15. (Photo: Intel)

Drilling down into the areas that will be fueled by the fresh investments, Krzanich highlighted technologies that will drive global Internet of Things (IoT) innovation in transportation; areas where technology can directly mitigate risks while improving safety, mobility and efficiency at a reduced cost; and companies that harness the value of the data to improve reliability of automated driving systems.

Data Deluge. Addressing a large crowd of automotive and technology industry representatives, Krzanich talked about how the automotive industry is on the cusp of a major transformation, demanding unprecedented levels of computing, intelligence and connectivity.

With the variety of sensors, sonar, lidar and cameras that will come embedded in autonomous cars, he highlighted the need for the industry to be prepared for the data deluge with more than 4,000 gigabytes of data coming from a single car each day.