2024-01-10 22:01:00
Intel Acquires Silicon Mobility to Expand Presence in Automotive Market
In a strategic move to broaden its footprint in the automotive market, chip giant Intel has announced the acquisition of Silicon Mobility, a company specializing in designing system-on-chip technology for energy management in electric vehicles.
The purchase will enable Intel to deploy its own technologies in the automotive sector and compete with industry heavyweights such as Nvidia and AMD. Silicon Mobility’s expertise in developing system-on-chip solutions for electric vehicles aligns with Intel’s goal of increasing its presence in the growing market for artificial intelligence in the automotive industry.
Intel’s Vice President, Jack West, emphasized the company’s commitment to driving innovative AI solutions across the automotive platform as part of an overall strategy to advance the transition to electric vehicles. The acquisition of Silicon Mobility is seen as a critical step in meeting the industry’s need for advanced energy management solutions.
In addition to the acquisition, Intel also announced a new range of system-on-chip products enhanced with artificial intelligence. The company introduced an Arc A770 graphics processor and a product called RealSense Vision SoC, which will enable Intel to run generative AI in cars, facilitate high-quality conference calls, and even support computer gaming, all while running multiple operating systems simultaneously.
This latest move by Intel signals the company’s ambition to bring artificial intelligence to every aspect of the automotive industry, with a specific focus on electric vehicles. The acquisition of Silicon Mobility and the introduction of new system-on-chip products underscore Intel’s commitment to driving technological innovation in the automotive sector.
The acquisition of Silicon Mobility and the introduction of new system-on-chip products mark another step forward in Intel’s goal to bring artificial intelligence to the automotive market, particularly in the rapidly expanding electric vehicle segment.
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