Chip Shot: Intel Invests in Connected Car Research and Product Development

Intel announced several initiatives and investments to spur product development and research for new connected car experiences. The investments include the new global Automotive Innovation and Product Development Center, the expansion of Intel Labs Interaction and Experience Research (IXR), an academic outreach program for automotive projects, and the newly-established $100 million Intel Capital Connected Car Investment Fund. Located in Karlsruhe, Germany, the Automotive Innovation and Product Development Center aims to accelerate innovations for in-vehicle infotainment and telematics solutions based on Intel technology. And with the expansion of Intel Labs IXR, Intel will gain valuable insights into the relationships between humans, cars and technology.