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Mobileye, Intel's autonomous driving unit based in Israel, has signed a contract to supply 8 million cars at a European automaker with self-driving technologies, a company official told Reuters.

Financial terms of the deal and the identity of the automaker were not disclosed.

The deal for the advanced driver-assistance systems will begin in 2021, when Intel's EyeQ5 chip, which is designed for fully autonomous driving, is launched as an upgrade to the EyeQ4 that will be rolled out in the coming weeks, said Erez Dagan, senior vice president for advanced development and strategy at Mobileye.

You can read the entire story at http://www.autonews.com/article/201...ous-safety-software-intel?X-IgnoreUserAgent=1

You probably ask yourself why are they not releasing the name of the European car company willing to put level 3 autonomous systems on 8 million vehicles.

My guess is because there are big chances this deal is part of the hype to create high expectations but in the end it might not happen at all. Why am I so cirrcumspect? Well, because the article says the chip that is required for such systems to operate as promised (because all this mumbo jumbo is only a promise) is not even released yet!

In fact, Mobileye intends to release EyeQ5 in 2021 to replace EyeQ4 scheduled to be released in the near future.
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