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Intel Officially Exits Auto Business: A Decade of Ambitions Ends, and It Lost More Than to Just Horizon Robotics

Just two months after a high-profile debut at the 2025 Shanghai Auto Show and announcing multiple partnerships in China, Intel has confirmed the shutdown of its automotive business unit. Despite a $15.3 billion bet on Mobileye and years of autonomous driving ambitions, Intel is now making a sharp exit. Why did this decade-long journey in smart vehicles end so abruptly?

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Bitcoin Anchored in Global Storm: Down 11.5%, Yet ETFs Keep Flowing In

Amid global economic turmoil and geopolitical tension, the cryptocurrency market is undergoing significant volatility. Bitcoin (BTC), as the industry's flagship asset, has dropped more than 11.5% from its May highs. However, despite ongoing liquidation pressure, institutional investors continue to inject capital via spot ETFs, providing some resilience to the market.

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