Intel looks to drones to bolster IoT business (INTC)

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August 30, 2017 4:28 PM

Intel just unveiled the Myriad X, a new computer vision microchip designed to be used in enterprise drones.

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Chip designing giant Intel unveiled the Myriad X, a new computer vision microchip designed to be used in enterprise drones, according toTechCrunch.

The chip, which has much more advanced image recognition capabilities that the Myriad 2, its predecessor, was designed using technologies from drone chip designer Movidius, which Intelpurchasedlast year for $400 million.

The company didn't specify exactly what the chip will cost, when it will available to customers, but noted that it will come with the Myriad software development kit to help businesses code the chip.

Pushing into the enterprise drone market could be a smart strategy for Intel to fortify its larger IoT business.

The Myriad X could help Intel gain a large share of the fast-growing enterprise drone space for the first time.
And that'll fortify an IoT business that's already thriving.
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Jonathan Camhi, research analyst for BI Intelligence, Business Insider's premium research service, has compiled a detailed report on drone delivery that:

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