Close
Close

Published

Google Waymo signs Intel R&D deal, preps $1bn Lyft investment

Alphabet is planning on investing $1bn into Lyft, according to a report from Bloomberg, published in the same week that Alphabet-subsidiary Waymo received word that Uber would not be allowed to seek private arbitration in the pair’s lawsuit. In combination, the two moves could shortly see Lyft dethrone the embattled Uber, and another potential nail in that coffin is a new deal with Intel that will see Intel hardware power Waymo’s Chrysler Pacifica minivans. The Intel deal is another example of the battle-lines forming in the auto industry, with Intel signing up Waymo as a hardware partner – which likely means that automakers will eventually begin buying package deals comprising Intel’s embedded processors, Mobileye’s machine-vision silicon for camera processing, and…

Close