Intel Elevates Its Autonomous Car Efforts Into A New Business Unit

Forbes - Tech 

Nintendo Reports Second Quarter Losses But 3DS Sales Are Up Thanks To'Pokmon GO' Intel is reorganizing to better position itself for the next big thing in computing: self-driving cars. The chipmaking giant is taking its autonomous car efforts out the Internet of Things business group and creating a new business unit focused exclusively on the new market, called the Automated Driving Group. Doug Davis, the current head of Intel's Internet of Things division, will be heading up the new unit. In August, Davis had announced he would be retiring from Intel soon, but it looks like he changed his mind. "Throughout his career, Doug has consistently been on the leading side of disruption – standing up amazing new technologies that redefine how we experience work and life," said Intel president Murthy Renduchintala in a blog post.

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