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Autonomous Vehicles Semiconductors

Layoffs Hit an Intel Autonomous Vehicle Team, but Investments Continue

Intel has laid off several dozen employees in a Silicon Valley research lab focused on autonomous vehicles as it seeks to reduce overlapping efforts inside the company, The Information has learned.

Despite the layoffs, which were confirmed by Intel, the company isn’t backing away from its work on autonomous vehicles. It has begun centralizing more of its activities in the field in Israel, where Mobileye, an autonomous vehicle company that it acquired in 2017 for $15.3 billion, is based. In a sign of its continued commitment, The Information has learned that Intel’s Mobileye unit late last year acquired Eonite Perception, a Palo Alto-based startup specialized in software for 3D mapping and tracking using lidar, a type of sensor some autonomous vehicles use to detect their surroundings.

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