‘Mood of the Nation is in Innovation’: DST Secretary Ashutosh Sharma

The mood of the nation is in innovation and in a recent development the centre has decided to increase research and development funding from the current 1% of GDP to 2% from this year onwards, said Department of Science and Technology (DST) Secretary Ashutosh Sharma. Speaking at the Global RnD Summit 2017, organised by Department …

Mobileye – Driverless Car Technology Firm Now Part of Intel Inc

US chipmaker Intel is taking a big bet on driverless cars with a $15.3bn takeover of specialist Mobileye. Intel will pay $63.54 a share in cash for the Israeli company, which develops “autonomous driving” systems. Mobileye and Intel are already working together, along with German carmaker BMW, to put 40 test vehicles on the road …