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Viewsroom: Intel’s pricey bet on driverless cars

16 March 2017 By Antony Currie, Jennifer Saba

The chipmaker is shelling out $15 bln for autonomous-driving parts firm Mobileye, a cool 30 times estimated revenue. Intel missed the mobile-phone revolution. Is it finally on the right road? Plus: Washington bounces bitcoin’s bid for mainstream acceptance.

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