Mentioned:
One of the largest car companies in America is making a big bet on artificial intelligence. And they’re partnering with Nvidia to do it.
What’s happening:
- General Motors (NYSE: GM) and Nvidia (NASDAQ: NVDA) have officially launched a new collaboration focused on using artificial intelligence technology to develop new breakthroughs in autonomous vehicles
Why it matters:
- This is one of the first big partnerships that General Motors has entered into that is solely focused on leveraging artificial intelligence for reshaping the future of self driving cars
Going deeper:
- As part of the new partnership Nvidia’s Drive AGX will become the foundational technology platform for autonomous driving in vehicles manufactured by General Motors
- Nvidia and General Motors also publicly stated they plan to use Nvidia’s leading edge Nvidia Omniverse technology platform to optimize future factory planning as well as to scale up the use of robotics for new vehicle production and autonomous manufacturing capabilities
- Autonomous vehicles continue to be embraced globally, with both WeRide (NASDAQ: WRD) and Pony AI (NASDAQ: PONY) just recently landing new approvals to launch fully self driving cars for ride sharing in Beijing and Guangzhou
The intrigue:
- General Motors has also been deepening their bet on the future of electric vehicles lately, including previously making a notable bet on Lithium Americas (NYSE: LAC) flagship Thacker Pass lithium project in Nevada for supplying lithium carbonate for new battery production
