Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

MarketScreener Homepage  >  Equities  >  Nasdaq  >  Intel Corporation    INTC

My previous session
Most popular
News SummaryMost relevantAll newsOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Intel : Arizona Taps Intel for Lead Role in Automated Vehicle Safety Institute

share with twitter share with LinkedIn share with facebook
share via e-mail
10/12/2018 | 03:39am CET

What’s New: The state of Arizona today announced the formation of the Institute for Automated Mobility to advance the safe deployment of automated vehicles. Intel Corporation is a founding partner of the new institute. This unique public-private consortium will focus on the liability, regulatory and safety implications of automated vehicles and will work to develop standards and best practices for the industry to follow. The group is already working on liability and regulatory research as well as plans for an enclosed 2.1-mile safety test track.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20181011005983/en/

An infographic gives details about how an autonomous vehicle that is trained to avoid the National H ...

An infographic gives details about how an autonomous vehicle that is trained to avoid the National Highway Traffic Safety Administration's 37 pre-crash scenarios can ferry riders safely. (Credit: Intel Corporation)

“The Institute for Automated Mobility will bring together global industry leaders, a public sector team and the brightest minds in academia, focused on advancing all aspects of automated vehicle science, safety and policy. Arizona is committed to providing the leadership and knowledge necessary to integrate these technologies into the world’s transportation systems.”
-- Doug Ducey, Arizona governor

Who is Involved: Founding partners include Intel, the Arizona Department of Transportation, the Arizona Department of Public Safety, the Arizona Commerce Authority, Arizona State University, the University of Arizona and Northern Arizona University.

Each founding partner has a seat on the board of directors to provide governance, fiduciary oversight and strategic guidance for the institute’s policies and priorities. Founding partners determine research priorities and targeted outcomes and may sponsor ancillary research.

How It Works: Each founding partner provides important expertise:

  • The Arizona Commerce Authority will oversee the institute and direct its mission to shape the future of automated transportation science, safety and policy.
  • Academic partners will conduct research and publish papers on important safety-related topics, including liability questions surrounding automated vehicles involved in accidents, compensation models and safety standards.
  • Intel will work with all partners offering Mobileye’s Responsibility Sensitive Safety (RSS) model as a starting point for building their solutions. RSS is already deployed by Baidu* in its Project Apollo and Apollo Pilot Programs for Automated Driving.
  • The Arizona Department of Public Safety and Arizona Department of Transportation will build a traffic incident management center to integrate law enforcement and first responders with automated technologies unlike any other location in the country.

Why It Matters: Automated vehicles will transform the world as we know it. According to the National Highway Traffic Safety Administration, traffic crashes in the U.S. claim more than 35,000 lives and cost more than $252 billion each year. What’s more, 94 percent of serious crashes are caused by human error. Automated vehicles can remove humans from the driving scenario.1 A market opportunity and societal disruption of this size demands validated safety and security standards that don’t yet exist.

“The safety of automated vehicles is essential to establish trust with consumers and governments so that we can all enjoy the multifold benefits they will deliver,” said Jack Weast, senior principal engineer at Intel and vice president of automated vehicle standards at Mobileye. “By investing in the research of technology-neutral solutions, policies and standards for safety, Intel and the Institute for Automated Mobility will help build that trust.”

What is RSS: Mobileye CEO Professor Amnon Shashua first proposed RSS in 2017 as an open, transparent and technology-neutral starting point for the industry to align on what it means for an autonomous vehicle to drive safely. To put it simply: While planning gets you from point A to point B, RSS helps keep you safe along the way.

RSS formalizes human notions of safe driving into a verifiable model with logically provable rules and defines appropriate responses. Additionally, RSS ensures that only safe decisions are made by the automated vehicle and that the automated vehicle will do everything it can to avoid being involved in unsafe situations initiated by others.

More Context: Intel and Arizona Join in Automated Vehicle Safety Institute (B-roll Video) | More details about this announcementAutomated Driving at Intel | Intel in Arizona


About Intel

Intel (NASDAQ: INTC) expands the boundaries of technology to make the most amazing experiences possible. Information about Intel can be found at newsroom.intel.com and intel.com.

Intel and the Intel logo are trademarks of Intel Corporation in the United States and other countries.
*Other names and brands may be claimed as the property of others.

© Business Wire 2018
share with twitter share with LinkedIn share with facebook
share via e-mail
12/14Intel, TPG in early talks to sell McAfee to Thoma Bravo - source
12/14INTEL : Aerospike Adds Intels Optane Persistent Memory
12/14INTEL : New Intel Architectures and Technologies Target Expanded Market Opportun..
12/14Evidence of Apple switch ruled inadmissible in Qualcomm antitrust case
12/14Evidence of Apple switch ruled inadmissible in Qualcomm antitrust case
12/13INTEL STUDY : Applying Emerging Technology to Solve Environmental Challenges
12/13INTEL EDITORIAL : Study Considers Applying Emerging Technology to Solve Environm..
12/13MODERN TIMES MTG : ESL and Intel extend global partnership
12/13U.S. tribunal to review ruling on Qualcomm request for iPhone ban
12/12Intel plans 'stacked' circuits in bid to regain its chipmaking lead
More news
Financials ($)
Sales 2018 71 205 M
EBIT 2018 24 360 M
Net income 2018 21 023 M
Debt 2018 15 695 M
Yield 2018 2,49%
P/E ratio 2018 10,75
P/E ratio 2019 11,04
EV / Sales 2018 3,29x
EV / Sales 2019 3,14x
Capitalization 218 B
Duration : Period :
Intel Corporation Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends INTEL CORPORATION
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 40
Average target price 54,1 $
Spread / Average Target 13%
EPS Revisions
Robert Holmes Swan Chief Executive Officer, Executive VP & CFO
Andy D. Bryant Chairman
Ann B. Kelleher Senior VP-Technology & Manufacturing Group
Venkata S. M. Renduchintala Chief Engineering Officer
Paula Tolliver Chief Information Officer & Vice President
Sector and Competitors
1st jan.Capitalization (M$)
BROADCOM INC-0.81%105 359
SK HYNIX INC--.--%39 772