BMW, Intel, Mobileye Likely To Announce Self-Driving Car Collaboration

German automaker BMW, which is already in that list, is likely to announce an expansion of its efforts Friday. The luxury vehicle maker will hold a joint press conference with technology companies Intel Corp. and Israel-based Mobileye. A press release issued by Intel late Wednesday said only that the "three companies have something exciting to share" during the Friday conference. Analysts widely expect the announcement of a collaborative effort to develop autonomous driving technology. A possible cooperation between the three companies would bring together a premium car manufacturer, one of the world's leading chip makers and a software company that specializes in driver assistance systems.