Volvo Automobiles Expands Partnership With Nvidia For Superior AI And Autonomous Driving – NVIDIA (NASDAQ:NVDA), Volvo (OTC:VLVLY)
Volvo Automobiles AB VLVLY has introduced an enlargement of its collaboration with Nvidia Corp. NVDA to boost AI and autonomous driving capabilities, in accordance with a press launch on Thursday.
What Occurred: The brand new Volvo EX90 is the primary mannequin to be actually software-defined, that includes a centralized core compute structure powered by Nvidia DRIVE Orin system-on-a-chip (SoC). This method can carry out over 250 trillion operations per second (TOPS).
Later this decade, Volvo plans to introduce automobiles constructed on Nvidia DRIVE Thor, able to as much as 1,000 TOPS, which is 4 occasions the efficiency of DRIVE Orin. DRIVE Thor can even combine the Nvidia Blackwell GPU structure.
Jim Rowan, CEO of Volvo Automobiles, said that the combination of DRIVE Thor will make their in-house developed software program extra scalable, enhance security, and improve buyer experiences whereas decreasing prices and rising margins.
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Moreover, Volvo, via its software program firm Zenseact, will use Nvidia DGX methods for AI mannequin coaching to develop secure autonomous driving. Anders Bell, Chief Engineering and Expertise Officer at Volvo Automobiles, highlighted that the Nvidia DGX AI supercomputer will considerably enhance their AI coaching capabilities.
Why It Issues: The collaboration between Volvo Automobiles and Nvidia isn’t new. Again in 2019, Nvidia partnered with Volvo Group to develop AI for self-driving vans. This partnership aimed to leverage Nvidia’s experience in AI to advance autonomous driving know-how in heavy-duty autos.
Extra just lately, Volvo made headlines with the disclosing of its next-generation electrical heavy-duty truck, boasting a spread of as much as 600 km on a single cost.
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This story was generated utilizing Benzinga Neuro and edited by Pooja Rajkumari
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