BMW is set to announce this week an alliance to develop self-driving cars with collision detection specialist Mobileye and computer chip maker Intel. Mobileye develops a technology to give computer-driven vehicles better reflexes without driver input. Mobileye is also best known for powering the Tesla Autopilot with its EyeQ chips, but the company has been working with several other automakers to develop their autonomous driving technology. The company’s EyeQ5 chip is expected to be powerful enough to enable level 4 fully-autonomous driving and a partnership with Intel could be meaningful in helping bring the technology to market.

The three companies said they would hold a joint news conference on Friday, without giving details. It will be attended by BMW Chief Executive Harald Krueger, Intel CEO Brian Krzanich and Mobileye Chairman and Chief Technology Officer Amnon Shashua.

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This week German carmakers, auto-suppliers and map makers HERE and TomTom agreed a standard that would govern how road and vehicle performance data is transmitted from Internet-connected cars to cloud-based online services, enabling more automated traffic management and car management services.

BMW has already committed to a self-driving car by 2021 – the project is called iNEXT.

Stay tuned for further updates!