"However, in a post on Intel's website late on Monday, Krzanich cited safety as the single most important reason for the company's move. "Nearly 1.3 million people die in road crashes worldwide every year - an average 3,287 deaths a day. "As Waymo's self-driving technology becomes smarter and more capable, its high-performance hardware and software will require even more powerful and efficient compute," Krzanich wrote. "Intel's collaboration with Waymo ensures Intel will continue its leading role in helping realize the promise of autonomous driving and a safer, collision-free future. "The world's largest and highest valued semiconductor chipmaker by sales since 1992, Intel was overtaken by the semiconductor unit of Samsung Group in the second quarter this year.

Source: Economic Times September 19, 2017 06:56 UTC