Nvidia and Mercedes-Benz announce AI tech for cars coming in 2024

Nvidia and Mercedes-Benz announced plans on Tuesday for an in-vehicle computing and AI automated driving infrastructure for 2024 vehicles. The companies plan to enter a cooperative agreement that will be multi-year and valued at multiple billions of dollars in scope, Nvidia CEO Jensen Huang said in a livestreamed announcement with Mercedes-Benz AG CEO Ola Kallenius. Hundreds of engineers from both companies will be involved. The partnership will create cars that could last 10 to 20 years with constant software updates downloadable from the cloud and paid for by customers over the two decades. The vaunted Mercedes-Benz reputation for styling could mean that a 20-year-old car with constant software updates could become a classic worth more than when it was purchased, Huang said.