Intel buys Moovit transit app for $900 million to help develop robotaxis

Intel buys Moovit transit app for $900 million to help develop robotaxis

4 years ago
Anonymous $pSba0tWIcA

https://www.reuters.com/article/us-moovit-m-a-intel/intel-buys-moovit-transit-app-for-900-million-to-help-develop-robotaxis-idUSKBN22G231

Chipmaker Intel Corp has bought Israeli public transit app maker Moovit for about $900 million to help it develop self-driving "robotaxis" that could take to the streets in early 2022, the company said on Monday.

Intel buys Moovit transit app for $900 million to help develop robotaxis

May 4, 2020, 10:18pm UTC
https://www.reuters.com/article/us-moovit-m-a-intel/intel-buys-moovit-transit-app-for-900-million-to-help-develop-robotaxis-idUSKBN22G231 >Chipmaker Intel Corp has bought Israeli public transit app maker Moovit for about $900 million to help it develop self-driving "robotaxis" that could take to the streets in early 2022, the company said on Monday.