Intel acquires machine learning specialist Itseez
Chip maker Intel Corporation has acquired Itseez, a company specializing in computer learning and machine learning. Itseez is said to bring its expertise in advanced driver assistance systems (ADAS) for automobiles to Intel. The move is likely a part of Intel’s growing IoT-related ambitions. The firm recently acquired Yogitech, an Italian company manufacturing safety measures for semiconductors. The value of the deal it’s not been disclosed.
Doug Davis, senior vice president and general manager of Intel’s IoT group said in a blog post – “Itseez will become a key ingredient for Intel’s Internet of Things Group (IOTG) roadmap, and will help Intel’s customers create innovative deep-learning-based CV (Computer Vision) applications like autonomous driving, digital security and surveillance, and industrial inspection.”Read more ↓
Itseez’s technology is supposed to let car hardware sense pedestrians and traffic signs to warn about any kind of accidents.
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