KM Financial Solutions | CORRECTED-UPDATE 2-Intel buys Moovit transit app for $900 mln to help develop robotaxis
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CORRECTED-UPDATE 2-Intel buys Moovit transit app for $900 mln to help develop robotaxis

CORRECTED-UPDATE 2-Intel buys Moovit transit app for $900 mln to help develop robotaxis

Chipmaker Intel Corp
has bought Israeli public transit app maker Moovit for
about $900 million to help it develop self-driving “robotaxis”
that could take to the streets in early 2022, the company said
on Monday.

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