Tesla Inc (TSLA) Partners With AMD On Self-Driving Processor

Sep 22, 2017, 00:18
Tesla Inc (TSLA) Partners With AMD On Self-Driving Processor

It's been announced that Tesla, increasingly focusing on self-driving AI technology, has partnered with AMD to develop a dedicated processor that's specifically created to make artificial intelligence systems within Tesla's self-driving cars run with more efficiency.

Vehicles by Tesla now operate using Nvidia graphics processing units self-driving software after parting ways with Mobileye, which used to provide the auto company with AI Chip processors, before the two companies went their separate ways following an accident involving a Mobileye-powered Tesla.

But the presence of Jim Keller-former chip designer for Apple, AMD, and Honda-at Tesla has fueled speculation that Tesla and GlobalFoundries are indeed working together. While AMD and Tesla instantly didn't return to the request for comments by the Business Insiders, on the other hand, Nvidia rejected to comment.

According to new information acquired by CNBC, Tesla is trying to become more independent when it comes to autopilot enabling AI processing.

Will you take a ride in Tesla's autonomous vehicle? Tesla CEO Elon Musk promised this year that capability will be available to consumers in 2019.

This allows the electric vehicle company to "create a technology that can do precisely what it wants to achieve", the website says, such as "true autonomous driving". Shares of the stock ended the day almost 5 per cent higher and continued to rise after hours. GlobalFoundries later said Jha didn't mean to explicitly name Tesla as a partner, but was instead pointing to Tesla as an "example" of a company working with chipmakers. In fact, the news until now Steves dismisses as "unsubstantiated" anyway; but even if true, whether AMD capture market share or not steal Nvidia's prime spot as "market leader". On the flip side, Nvidia shares are down 1.8 percent in the premarket.

In similar fashion, another analyst said the Tesla news is a validation of AMD's technology. Based on 25 analysts polled by TipRanks in the last 3 months, 15 rate a Buy on Nvidia stock, 7 maintain a Hold, while 3 issue a Sell on the stock.

YOU MIGHT ALSO LIKE
  • Liverpool manager Jurgen Klopp defends decision to substitute Philippe Coutinho

    Leicester were much-improved after the break and goals from Shinji Okazaki and Islam Slimani steered them into the draw for the last-16.
    Emma Stone and Steve Carell in 'Battle of the Sexes'

    Emma Stone and Steve Carell in 'Battle of the Sexes'

    Was he ultimately more harmful than Riggs? "This is me, I guess", the 28-year-old said, gesturing toward the drawing with a laugh. And they have some trouble in the climax, what with tennis being so boring to watch if you're not a fan (hi).
    Toys

    Toys "R" Us Files For Chapter 11 Bankruptcy Protection

    Amendment Note: An earlier version of this article carried a quote saying Hong Kong Toys "R" Us stores are operated by Li & Fung. As the testing ground for new products, Toys "R" Us often identifies hits before rivals, as it did with ZhuZhu pets in 2009, Mr.
  • Maria now a category 5 hurricane, East Coast threat uncertain

    Maria now a category 5 hurricane, East Coast threat uncertain

    Saturday afternoon Potential Tropical Cyclone 15 has strengthened to become Tropical Depression 15 with sustained winds of 35mph. Tropical Storm Maria , expected by forecasters to become a hurricane, is expected to cross the Leeward Islands Monday.
    VENEZUELA: Government Rebuffs Trump Meeting With Latin American Leaders

    VENEZUELA: Government Rebuffs Trump Meeting With Latin American Leaders

    Trump did not repeat that warning, but said the United States was prepared to take further action, without offering details. Venezuela has collapsed under the repressive socialist regime of President Nicholas Maduro.
    Neymar 'demands Paris Saint-Germain sell Edinson Cavani'

    Neymar 'demands Paris Saint-Germain sell Edinson Cavani'

    But as he placed the ball, the Brazilian approached him before begrudgingly walking away after being refused to take it. On the other hand, it also appears he's suggesting that Neymar shouldn't have to ask to take free-kicks and pen's.
  • Mexico natural disaster : Photos, videos show wrath of 7.1 quake

    Mexico natural disaster : Photos, videos show wrath of 7.1 quake

    Just how powerful is a 7.1 natural disaster ? Residents near UCLA reported feeling a sharp jolt followed by a short rumble. The AP reported that the governor of Morelos says 42 people have died in his central Mexican state following the quake.
    Pound extends losses as Carney less hawkish than some feared

    Pound extends losses as Carney less hawkish than some feared

    Sterling retraced some of last week's gains on Monday but strategists still saw potential for further strength. Brexit is a unique experience compared to what we have been used to seeing over the last 50 years.
    Tesla's Stock Is Hanging Off a Cliff, Jefferies Says

    Tesla's Stock Is Hanging Off a Cliff, Jefferies Says

    Acropolis Investment Management LLC acquired a new stake in shares of Tesla during the second quarter worth about $122,000. Center Coast Capital Advisors Lp decreased Dcp Midstream Partners Lp (DPM) stake by 10.69% reported in 2016Q4 SEC filing.
  • Trump says decision made on Iran deal, won't say what it is

    Trump says decision made on Iran deal, won't say what it is

    The controversial clause means that some of the 2015 deal's restrictions on Iran's nuclear program will expire over time. The nuclear deal with Iran has always been a point of contention, especially among Republicans who opposed it.
    Kenyan police use tear-gas on pro-Kenyatta protesters at top court

    Kenyan police use tear-gas on pro-Kenyatta protesters at top court

    On Monday, French technology company supporting the election said it would be almost impossible to be ready for that date. Kenyatta has acquiesced to the Supreme Court's decision but lambasted the judges, calling them "thugs".
    Pochettino prioritising Premier League and Champions League over domestic cups

    Pochettino prioritising Premier League and Champions League over domestic cups

    If we are going to try to win Carabao Cup or FA Cup, and forget the Premier League or Champions [League], it's a big mistake. 'For me, that is the two big trophies. "There are a lot of examples: when I was at Southampton, Wigan won FA Cup".
popular