Work Life Balance in Australia Continues to Evolve
Work life balance in Australia has become an increasingly important topic as employees and employers rethink traditional work structures. Flexible work arrangements, remote work, and changing[...]
Intel, the technology company best known for their processors, have acquired Mobileye in a $15.3 billion deal. Mobileye are leaders when it comes to computer vision for autonomous driving, so the purchase will advance Intel’s strides into driving cars.
Mobileye are proud developers of software called the Advanced Driver Assist Systems (ADAS) which aims to make roads safer, ease traffic congestion and ultimately save lives. The company has been working with Intel since last year. This year, the duo have paired with BMW to test the software of both companies with 40 automated cars.
Intel CEO Brian Krzanich believes the acquisition represents momentous progress for his company.
“This acquisition is a great step forward for our shareholders, the automotive industry and consumers. Intel provides critical foundational technologies for autonomous driving including plotting the car’s path and making real-time driving decisions. Mobileye brings the industry’s best automotive-grade computer vision and strong momentum with automakers and suppliers. Together, we can accelerate the future of autonomous driving with improved performance in a cloud-to-car solution at a lower cost for automakers.”
In a joint statement by Intel and Mobileye, both companies have said that:
“The combination is expected to accelerate innovation for the automotive industry, and position Intel as a leading technology provider in the fast-growing market for highly and fully autonomous vehicles. Intel estimates the vehicle systems, data and services market opportunity to be up to $70 billion by 2030. The transaction extends Intel’s strategy to invest in data-intensive market opportunities that build on the company’s strengths in computing and connectivity from the cloud, through the network, to the device.”
Despite the positivity of the joint message, the terms of the deal haven’t been disclosed. The future of automated cars is certainly in progressive hands.
Work life balance in Australia has become an increasingly important topic as employees and employers rethink traditional work structures. Flexible work arrangements, remote work, and changing[...]
Cybersecurity for Australian businesses has become a major priority as digital threats continue to increase. With more organisations relying on cloud systems, online payments, and remote work[...]
The Australian economic outlook for 2026 reflects a complex mix of opportunities and challenges. Economic growth remains steady compared with many global economies, though inflation, global[...]
Australian property market trends in 2026 continue to attract strong attention from buyers, investors, and policymakers. Housing affordability, population growth, and interest rate movements are[...]
