Mentioned:
A European chipmaker is partnering up with Nvidia on a hyper ambitious mission: developing new breakthroughs in robotics.
What’s happening:
- NXP Semiconductors (NASDAQ: NXPI) and Nvidia (NASDAQ: NVDA) have formed a new partnership to develop integrated robotics hardware
Why it matters:
- The new collaboration between Nvidia and NXP Semiconductors is aiming to connect sensors and motors in robots into a unified architecture of hardware and software with extremely low latency for data transport and machine vision
Going deeper:
- NXP Semiconductors and Nvidia have both publicly stated they plan to work directly with robot developers to use their new integrated robotics hardware in order to reduce power usage and software complexity in producing new robots
- Nvidia has been making a flurry of moves to expand their dominance in robotics lately, including recently participating in a $270M USD equity financing round for autonomous construction company Bedrock Robotics alongside of Google (NASDAQ: GOOG) and Palantir (NASDAQ: PLTR) co-founder Joe Lonsdale’s 8VC
