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