Volvo and Nvidia have formed a partnership that will set them collaborating on AI technology for self-driving vehicles. Speaking during the investor’s summit at the Volvo’s annual event Volvo Group CEO Martin Lundstedt said that the partnership is the new leadership if we are to succeed in the future with speed, quality, and safety to gain the benefits of autonomous driving. We need to partner with the best guys to build a complete infrastructure for development. In this world of the unknown, you need a partnership built on trust. Volvo is the worlds second largest truckmaker along with public transport vehicles. The manufacturing company demonstrated its first cabin less autonomous truck called Vera last year. Applying AI to trucks, Volvo hopes in disrupting the transportation industry that includes public and freight transport to forestry and construction.
Jensen Huang, NVIDIA founder, and CEO commented about the partnership saying that trucking is the world’s largest network, a network that through online shopping puts practically anything, anywhere in the world within our reach. The latest technology solutions are all set to bring AI, and robotics bring additional intelligence and automation to face the transportation challenges. The deal with Volvo is set to provide a boost for Nvidia and AI technology for self-driving cars, last year the car maker was all set to launch autonomous vehicles, but Tesla refused. Last year Nvidia debuted Xavier processor with a focus towards building the autonomous car brain that could function with any given hardware. Xavier was in development for over four years representing the work for over 2,000 engineers featuring more than nine billion transistors, and Nvidia claims it’s most complex system-on-a-chip (SoC) ever created.
Nvidia has been one of the major providers when it comes to making the powerful GPUs developed traditionally for the gaming purpose. The company has increasingly made a shift with other computation heavy scenarios such as machine learning and AI. Automotive chips manufactured by Nvidia provide a revenue of $641 million that comprises from the $11.7 billion in revenue for its recent fiscal year.