By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
AmextaFinanceAmextaFinance
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Notification Show More
Aa
AmextaFinanceAmextaFinance
Aa
  • Banking
  • Credit Cards
  • Loans
  • Dept Management
  • Mortgage
  • Markets
  • Investing
  • Small Business
  • Videos
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Follow US
AmextaFinance > Markets > Stocks > Nvidia, MediaTek partner on connected car technology
Stocks

Nvidia, MediaTek partner on connected car technology

News Room
Last updated: 2023/05/30 at 10:02 PM
By News Room
Share
3 Min Read
SHARE
3/3

© Reuters. Nvidia Corp CEO Jensen Huang speaks at the COMPUTEX forum in Taipei, Taiwan May 29, 2023. REUTERS/Ann Wang

2/3

By Joseph White

DETROIT (Reuters) -Nvidia Corp and MediaTek Inc on Monday said they will collaborate on technology to power advanced vehicle infotainment systems that can stream video or games or interact with drivers using artificial intelligence.

Under the agreement, announced at the Computex technology trade show in Taipei, MediaTek will integrate an Nvidia (NASDAQ:) graphic processing unit chiplet and Nvidia software into the system-on-chips it supplies to automakers for infotainment displays.

MediaTek systems using Nvidia software would be compatible with automated driving systems based on Nvidia technology, the companies said. Dashboard displays could show the environment around the vehicle, while cameras would monitor the driver.

“The automotive industry needs strong companies that can work with the industry for decades at a time,” Nvidia Chief Executive Jensen Huang told a news conference in Taipei, pointing to a long product cycle for car makers.

“The quality, strength and positions of our two companies could give the automotive industry partners that they can build their companies on,” he said, adding the partnership would provide chips that can power “every single segment of a car”.

In-vehicle displays and entertainment systems are becoming more complex as automakers add features such as gaming, artificial intelligence for voice-activated features, driver monitoring systems and displays related to automated driving.

Qualcomm (NASDAQ:), MediaTek’s chief rival in the smartphone market, has also been courting automakers. Qualcomm and SalesForce earlier this year announced a partnership to develop a new connected vehicle platform.

The partnership with MediaTek gives Nvidia wider access to the $12 billion market for infotainment system-on-chips, the companies said.

At the same event, MediaTek Chief Executive Officer Rick Tsai said the first products were planned for late 2025.

Nvidia has focused on premium automotive brands such as Mercedes-Benz and Jaguar Land Rover. MediaTek, which has its base in the Android smartphone chip sector, sells its Dimensity Auto technology to lower-priced, mass market vehicle lines, and has strengths in mobile connectivity and Android systems.

“There are a lot of segments they are addressing that Nvidia has not addressed,” said Danny Shapiro, Nvidia’s vice president, automotive.

The companies did not identify future automotive customers.

Read the full article here

News Room May 30, 2023 May 30, 2023
Share this Article
Facebook Twitter Copy Link Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Finance Weekly Newsletter

Join now for the latest news, tips, and analysis about personal finance, credit cards, dept management, and many more from our experts.
Join Now
What’s the difference between all of the AI chips?

Watch full video on YouTube

Why the ‘rodeo region’ is seeing a data center boom; stocks, bitcoin sell off

Watch full video on YouTube

Google’s ‘TPU’ chip puts OpenAI on alert and shakes Nvidia investors

Google’s secret weapon in the artificial intelligence race is a chip that…

CoreWeave: A Transitory Company (NASDAQ:CRWV)

This article was written byFollowAs a detail-oriented investor with a strong foundation…

The power crunch threatening America’s AI ambitions

Many utility companies are pinning their short-term hopes on “demand response” solutions…

- Advertisement -
Ad imageAd image

You Might Also Like

Stocks

CPS reports solid 2023 performance, eyes future growth By Investing.com

By News Room
Stocks

Niu Technologies faces mixed results in Q4 2023 By Investing.com

By News Room
Stocks

Exagen Inc. reports strong 2023 revenue growth By Investing.com

By News Room
Stocks

Legacy Housing reports mixed results amid sales decline By Investing.com

By News Room
Stocks

Harmony Biosciences exec sells over $383k in stock By Investing.com

By News Room
Stocks

Biofrontera posts record revenue and outlines growth plans By Investing.com

By News Room
Stocks

Granite Ridge CFO buys $31,000 in company stock By Investing.com

By News Room
Stocks

Coliseum Capital Management buys MasterCraft Boat shares worth over $3.2m By Investing.com

By News Room
Facebook Twitter Pinterest Youtube Instagram
Company
  • Privacy Policy
  • Terms & Conditions
  • Press Release
  • Contact
  • Advertisement
More Info
  • Newsletter
  • Market Data
  • Credit Cards
  • Videos

Sign Up For Free

Subscribe to our newsletter and don't miss out on our programs, webinars and trainings.

I have read and agree to the terms & conditions
Join Community

2023 © Indepta.com. All Rights Reserved.

YOUR EMAIL HAS BEEN CONFIRMED.
THANK YOU!

Welcome Back!

Sign in to your account

Lost your password?