Nvidia's Busy Week In Self-Driving Deals
Intel Corporation's (NASDAQ: INTC) $15 billion acquisition of Mobileye NV (NYSE: MBLY) gives the company immediate access to the autonomous driving and driver safety markets. But after the acquisition, some analysts argued Intel will have a lot of catching up to do to industry leaders, including NVIDIA Corporation (NASDAQ: NVDA).
Intel now has even more catching up to do after Nvidia had a busy week in announcing new self-driving deals.
Working With A Truckmaker
Nvidia announced on Thursday it's working with PACCAR, a global truck manufacturer. The agreement calls for the companies working together to develop solutions for autonomous vehicles.
PACCAR's CEO Ron Armstrong said it's exploring automated driving systems with Nvidia, which also includes artificial intelligence capabilities.
Mass Market Cars
Just one day prior to the PACCAR announcement, Nvidia said it's working with Bosch, the world's largest automotive supplier. As part of the new agreement, the two companies will also be developing artificial intelligence self-driving systems for mass market cars.
Nvidia noted it's developing an artificial intelligence driving car computer, which is based on Nvidia's deep learning software and hardware. The technology will enable vehicles to learn the complexities of driving, operated autonomously while also receiving updates over the air with new features and capabilities.
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