Intel Capital is making a new investment of more than $250 million into autonomous vehicles over the next two years, Intel CEO Brian Krzanich announced Tuesday at the LA Auto Show’s AutoMobility conference. “You could say oil is the key technology that allowed the automotive world we know today,” Krzanich wrote in a blog post coinciding with the event. “When it comes to the car of the future and automated driving experiences, however, data is literally the new oil. Data has the potential to radically change the way we think about the driving experience.” Krzanich pointed to the several ways autonomous cars will collect data, such as cameras, radar, sonar, GPS, and LIDAR. It’s projected each vehicle will generate around 4,000GB (4TB) of data a day.