INTEL: SIGNS 7 YEAR DEAL WITH IOC TO PROVIDE EMERGING TECH FOR GAMES

Intel (INTC) has agreed on a 7 year deal with International Olympic Committee, to provide emerging technology solutions including: True VR, 3D & 360 video content, AI, drone light show tech and 5G mobile platforms, for the Olympic Games, beginning in 2020. The deal has an estimated value of $400 Million.

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Intel Will Work with the IOC to Reimagine the Future of the Olympic Games with New Levels of Fan Interaction Through Leading-Edge Technology

Howie Long-Short opines: I don’t buy this price tag. Long way to go for 5G mobility to be a reality. I’m intrigued to see if they can make VR work though.

Fan Marino says: I found it difficult to watch a 2 hour basketball game in True VR, during March Madness. Short Olympic events (think: track & field & swimming) would seem to be best suited for head-set wearing required technology. Once the head-set is on though, you feel like you are in the front row.

Author: John Wall Street

At the intersection of sports & finance.

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