Mobileye Expects to See Self-Driving Cabs Hit the Road in 2020

Mobileye Expects to See Self-Driving Cabs Hit the Road in 2020:

Intel Corp.’s Mobileye NV unit expects to launch a trial of robo-cabs IN 2020 in Israel.

Mobileye, along with Volkswagen AG and Champion Motor Group Inc., is working to commercialize a robo-cab service. Software development is expected to be completed by the end of this year.

Intel is launching a 20-week program, called Ignite, to aid early-stage Israel startups working on artificial intelligence and autonomous system technologies. Ignite will start operations later this year with as many as 15 hardware, software and services companies. Intel plans to expand the program to additional countries.

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