Intel plans to acquire Israeli AI company Moovit for US$1 billion

According to foreign media reports, Intel will acquire Moovit, an Israeli public transportation solution provider, for US$1 billion. The financial news website Calcalist reported on Sunday local time that the chip maker Intel Corporation’s negotiation to buy Israeli public transportation app developer Moovit has entered the final stage, with a transaction value of US$1 billion. Calcalist also q...