Intel Corp Chief Executive Brian Krzanich said on Monday 2 million vehicles from BMW, Nissan Motor Co Ltd and Volkswagen AG would use its unit Mobileye’s autonomous vehicle technology to crowdsource data for building maps that enable autonomous driving. The world’s largest chipmaker bought Israeli firm Mobileye last year to compete with peers such as Qualcomm Inc and Nvidia Corp and tap the fast-growing market of driverless cars.

Byton which incorporate a massive touchscreen from one end to another of the dashboard reimagines what it feels like to be inside a truly futuristic car.

Even as the electric car fails to match Tesla on performance or price, Byton is hopeful that people in the future would care more for digital power than horsepower.

Chief Executive of Byton, Carsten Breitfeld said "We desire to be the company bringing into the market the first real smart car."

The information comes ahead of the concept vehicle's official launch at the annual CES trade show in Las Vegas.

BlackBerry and Chinese internet search firm Baidu on Wednesday signed a deal to work jointly on developing self-driving vehicle technology, sending BlackBerry’s Toronto-listed shares up 8 percent to an over four-year high.

BlackBerry, which has developed software QNX Hypervisor 2.0 to run complex computer systems in vehicles, said Baidu would use its software for its self-driving open platform, Apollo.

“By integrating the BlackBerry QNX OS with the Apollo platform, we will enable carmakers to leap from prototype to production systems,” said Li Zhenyu, general manager of Baidu’s intelligent driving division.

Toyota Motor Corp announced on Monday a self-driving electric concept vehicle that it will tailor for companies to use for tasks like ride hailing and package delivery, underscoring how automakers are no longer simply building cars but also providing services to go with them, Reuters reports.

According to a study published by consultancy Gartner on Thursday, Samsung has overtaken US rival Intel as the world's biggest maker of semi-conductors as sales in the sector boom.

Gartner analyst, Andrew Norwood said, the South Korea Electronics giant gained the largest market share and took the number one position from Intel the first time Intel has been toppled since 1992.

The total global market for semi-conductors grew by 22 percent to $419.7 billion (348 billion euros) in 2017, fuelled by growth in smartphones and other connected devices, Gartner postulated.

Music streaming company Spotify has been hit with a $1.6 Billion lawsuit by Wixen Music Publishing Inc last week for allegedly using thousands of songs, including those of Tom Petty, Neil Young and the Doors, without a license and compensation to the music publisher.

Wixen, an exclusive licensee of songs such as “Free Fallin” by Tom Petty, “Light My Fire” by the Doors, “(Girl We Got a) Good Thing” by Weezer and works of singers such as Stevie Nicks, is also seeking injunctive relief.

According to Wixen in the lawsuit filed in a California federal court, it said Spotify failed to get a direct license from them that would allow it to reproduce and distribute the songs.