Intel is reportedly close to buying transit app creator Moovit

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It’s easy to see why Intel would be interested in Moovit, and not just because of existing financial backing. The startup uses a mix of AI and data analytics to monitor real-time traffic and offer transit directions to roughly 800 million people. That could be valuable for robotaxis and other driverless vehicles that need to consider live traffic to choose the fastest routes. If your Intel-powered ride avoids gridlock to reach your destination on time, you’ll know who to thank.

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