"Nvidia Corp. ( NASDAQ: NVDA) CEO Jensen Huang plans to jump into the self-driving car business with his "Alpamayo" AI platform. The world's most valuable company commented at the launch of the system: "NVIDIA Alpamayo is an open portfolio of AI models, simulation frameworks, and physical AI datasets designed to accelerate the development of safe, transparent, and reasoning-based autonomous vehicles." Nvidia is already working with Mercedes to bring the technology to market."
"However, the way it is configured, it theoretically could work on cars from other manufacturers. The Tesla Inc. ( NASDAQ: TSLA) Full Self-Driving (Supervised) system only works on its vehicles. This will also be true of its fully autonomous product, which Tesla is testing now. Nvidia and Tesla have different goals, but that does not mean they will not collide."
Nvidia introduced Alpamayo, an open portfolio of AI models, simulation frameworks, and physical AI datasets intended to accelerate development of safe, transparent, reasoning-based autonomous vehicles. Nvidia is collaborating with Mercedes to commercialize the system, and the platform is theoretically configurable to work on cars from multiple manufacturers. Tesla's Full Self-Driving (Supervised) system operates only on Tesla vehicles and its forthcoming fully autonomous product will be similarly limited. Nvidia's strategy focuses on selling chips and tools to automakers and self-driving developers, increasing competition with Tesla, Waymo, GM, and Ford and complicating market consolidation.
Read at 24/7 Wall St.
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