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Intel to buy Movidius to help it win in new tech like virtual reality, driverless cars

U.S. semiconductor giant Intel is to acquire Movidius, a company that creates so-called "computer vision" chips which will play a key role in technologies from virtual reality (VR) to driverless cars, the company announced Tuesday.

Movidius makes processors that use artificial intelligence to assess the world around them. The company is already working with Chinese dronemaker DJI with its tech implemented in the Phantom 4 unmanned aircraft, giving it the ability to sense and avoid obstacles in real time and hover in a fixed position without the need for a GPS signal.

The technology could be critical in a number of emerging areas where the need to have human-like vision is necessary such as autonomous cars.

Intel makes a depth-sensing camera called RealSense. The ability to understand...