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Stock impact report

U.S. chipmaker Nvidia to provide AI platform for Chinese EV start-ups [Reuters]

NVIDIA Corporation (NVDA) 
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
Company Research Source: Reuters
U.S. chipmaker Nvidia to provide AI platform for Chinese EV start-ups | Reuters 2 Min Read BEIJING, Nov 21 (Reuters) - U.S. chipmaker Nvidia Corp has signed separate deals with Chinese electric vehicle startups XPeng Motors, Singulato Motors and SF Motors to develop autonomous driving technology, Chief Executive Jensen Huang said on Wednesday. Huang, speaking at an event in the eastern Chinese city of Suzhou, said XPeng and Singulato will use Nvidia’s artificial intelligence (AI) driving chip Xavier and its computing platform to develop hardware for autonomous driving, a strategic technology area in which China’s leaders want to compete globally. The companies separately said they will work on a series of projects from data collection to machine learning. XPeng, in a statement, said it plans to implement level 3 intelligent driving features in its vehicles starting in 2020 using customised software and hardware developed with Nvidia and Huizhou Desay SV Automotive Co Ltd. Level 3 in a Show less Read more
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