CES: Intel, Mobileye, BMW Unite To Jump-Start Self-Driving Cars

Continuing their push to jointly develop self-driving vehicles, Intel (INTC), Mobileye (MBLY) and BMW (BMWYY) say they will put a fleet of about 40 autonomous vehicles on the road by the second half of 2017. The announcement, made at the CES show in Las Vegas on Wednesday, follows the partnership established by BMW Group, Intel and Mobileye last July. BMW plans to use Mobileye and Intel technology for "highly and fully automated driving" in the BMW iNext, an all-electric vehicle. The 40 autonomous vehicles will demonstrate "the significant advancements made by the three companies toward fully autonomous driving," according to a joint press release. They said the BMW 7 Series will employ cutting-edge Intel and Mobileye technologies during global trials that will start in the U.S. and Europe.