December 6, 2017 | Mobileye, the Israeli tech company acquired by software solutions giant Intel in March, has unveiled its newest chip, the Mobileye EyeQ5 for autonomous vehicles, according to a statement from Intel. Earning its name EyeQ5 is the fifth chip of the EyeQ family and is the first to come out after the company’s acquisition by Intel. The chip is designed for autonomous vehicles Grade 4 and 5 (L4/5). While the first silicone chip comes out in 2018, it will be in full mass production by 2020. According to Intel’s CEO Brian Krznitz, Mobileye’s new chip offers higher deep learning performance efficiency. Intel expects the chip to deliver 2.4 DL TOPS per watt, which it claims is 2.4 times more efficient than what the Nvidia tech company claims for its new AI supercomputer, Xavier, designed for autonomous vehicles. TOPS (Tera Operations Per Second) is a recognized benchmark for measuring the performance of chips. As the percentage of TOPSWatt is higher, it produces higher efficiency because the chip produces less heat and is easier and cheaper, saving fuel and providing a greater driving efficiency and range. Mobileye develops vision-based advanced driver assistance systems to help prevent collisions. It was founded by Amnon Shashua and Ziv Aviram in 1999 and acquired by Intel earlier this year for $15.3 billion. The acquisition was completed in August 2017.